Difference between revisions of "Energy Risk"
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== Context == | == Context == | ||
Energy risk materializes in the context of a given [[Energy System]], the set of physical and societal elements that enable and govern the provision of different forms of energy in an economic system. | Energy risk materializes in the context of a given [[Energy System]], the set of physical and societal elements that enable and govern the provision of different forms of energy in an economic system. | ||
| + | |||
| + | == Manifestations == | ||
| + | * [[Energy Access]] to the desired forms of energy | ||
| + | * [[Energy Security]], or ability to maintain access | ||
| + | * [[Cost Risk]] | ||
| + | * [[Externality | Externalities]] associated with [[Energy Consumption]] | ||
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[[Category:Energy Risk]] | [[Category:Energy Risk]] | ||
Revision as of 17:10, 15 January 2023
Definition
Energy Risk denotes the uncertainty and potential impact to an entity's objectives of the availability and cost of different forms of energy.
Risk Taxonomy
Energy Risk is a type of Commodity Risk. In contrast with other commodities that refer to material substances (solid, liquid or gaseous, organic or inorganic) energy is an intangible property of matter.
Context
Energy risk materializes in the context of a given Energy System, the set of physical and societal elements that enable and govern the provision of different forms of energy in an economic system.
Manifestations
- Energy Access to the desired forms of energy
- Energy Security, or ability to maintain access
- Cost Risk
- Externalities associated with Energy Consumption
