IDEAS home Printed from https://ideas.repec.org/a/nat/natene/v7y2022i2d10.1038_s41560-021-00958-8.html
   My bibliography  Save this article

Integrated hydrological, power system and economic modelling of climate impacts on electricity demand and cost

Author

Listed:
  • Mort Webster

    (Pennsylvania State University)

  • Karen Fisher-Vanden

    (Pennsylvania State University)

  • Vijay Kumar

    (Pennsylvania State University)

  • Richard B. Lammers

    (University of New Hampshire)

  • Joseph Perla

    (Pennsylvania State University)

Abstract

Impacts of climate-related water stress and temperature changes can cascade through energy systems, although models have yet to capture this compounding of effects. Here, we employ a coupled water–power–economy model to capture these important interactions in a study of the exceedance of water temperature thresholds for power generation in the western United States. We find that not all reductions in reserve electricity-generation capacity result in impacts, and that when they occur, intermittent interruptions in electricity supply at critical times of the day, week and year account for much of the economic impacts. Finally, we find that impacts may be in different locations from the original water stress. We estimate that the consumption loss can be up to 0.3% annually and the drivers identified in coupled modelling can increase the average cost of electricity by up to 3%.

Suggested Citation

  • Mort Webster & Karen Fisher-Vanden & Vijay Kumar & Richard B. Lammers & Joseph Perla, 2022. "Integrated hydrological, power system and economic modelling of climate impacts on electricity demand and cost," Nature Energy, Nature, vol. 7(2), pages 163-169, February.
    • Handle: RePEc:nat:natene:v:7:y:2022:i:2:d:10.1038_s41560-021-00958-8
    DOI: 10.1038/s41560-021-00958-8
    as

    Download full text from publisher

    File URL: https://www.nature.com/articles/s41560-021-00958-8
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1038/s41560-021-00958-8?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jared C. Carbone & Linda T.M. Bui & Don Fullerton & Sergey Paltsev & Ian Sue Wing, 2022. "When and How to Use Economy-Wide Models for Environmental Policy Analysis," Annual Review of Resource Economics, Annual Reviews, vol. 14(1), pages 447-465, October.
    2. Garcia, Alexandre Schwinden & Alves, Frederick Fagundes & Pimentel Filgueiras, João Marcello, 2024. "Tariff flags and electricity consumption response in Brazil," Utilities Policy, Elsevier, vol. 88(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nat:natene:v:7:y:2022:i:2:d:10.1038_s41560-021-00958-8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.nature.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.