Fossil-fuel dependence and vulnerability of electricity generation: Case of selected European countries

This paper analyses the diversity of fuel mix for electricity generation in selected European countries and investigates how the fuel bill has changed as a share of GDP between 1995 and 2005. The drivers of fuel-dependence-related vulnerability are determined using Laspeyres index decomposition. A “what-if” analysis is carried out to analyse the changes in the vulnerability index due to changes in the drivers and a scenario analysis is finally used to investigate the future vulnerability in the medium term.