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Handbook of Risk Management in Energy Production and Trading pp 475–501Cite as

Comparative Assessment of Accident Risks in the Energy Sector

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Part of the book series: International Series in Operations Research & Management Science ((ISOR,volume 199))

Abstract

This chapter is structured in five parts. The introduction discusses the relevance of accidents in the energy sector and puts them into the broader perspective of sustainability, energy security, and critical infrastructure protection. Furthermore, an overview of various risk assessment concepts is given. The second part provides a detailed overview of the comprehensive framework for comparative risk assessment developed by the Paul Scherrer Institut (PSI), at the core of which is the energy-related severe accident database (ENSAD). Third, a broad range of risk indicators and other measures are described and calculated allow for an objective, fair, and quantitative comparison of accident risks across a broad range of fossil, nuclear, and renewable technologies. This evaluation is complemented by a compilation of additional risk factors that can play a key role in decision processes and stakeholder interaction. However, for the time being they are often not amenable to full quantification because they cannot be described and analyzed by traditional risk metrics mainly focusing on consequences or because only limited historical experience is available. The chapter ends with a summary of the main findings and conclusions that can be drawn from comparative risk assessment as well as their potential implications for policy making.

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Authors and Affiliations

  1. Laboratory for Energy Systems Analysis Paul Scherrer Institut, Villigen PSI, Switzerland

    Peter Burgherr, Stefan Hirschberg & Matteo Spada

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  1. Peter Burgherr
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  2. Stefan Hirschberg
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Correspondence to Peter Burgherr .

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  1. Department of Statistics & OR, University of Vienna, Wien, Austria

    Raimund M. Kovacevic

  2. Department of Statistics & OR, University of Vienna, Wien, Austria

    Georg Ch. Pflug

  3. Department of IT & Mathematical Methods, University of Bergamo, Dalmine, Bergamo, Italy

    Maria Teresa Vespucci

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Burgherr, P., Hirschberg, S., Spada, M. (2013). Comparative Assessment of Accident Risks in the Energy Sector. In: Kovacevic, R., Pflug, G., Vespucci, M. (eds) Handbook of Risk Management in Energy Production and Trading. International Series in Operations Research & Management Science, vol 199. Springer, Boston, MA. https://doi.org/10.1007/978-1-4614-9035-7_18

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