IDEAS home Printed from https://ideas.repec.org/a/spr/waterr/v27y2013i15p5143-5156.html
   My bibliography  Save this article

Climate Change Impacts on Hydropower Management

Author

Listed:
  • Ludovic Gaudard
  • Manfred Gilli
  • Franco Romerio

Abstract

Climate change affects hydropower production by modifying total annual inflow volumes and their seasonal distribution. Moreover, increasing air temperatures impact electricity consumption and, as a consequence, electricity prices. All together, these phenomena may lead to a loss in revenue. We show that an adequate management of hydropower plants mitigates these losses. These results are obtained by resorting to an interdisciplinary approach integrating hydrology, economy and hydropower management in an interdependent quantitative model. Copyright Springer Science+Business Media Dordrecht 2013

Suggested Citation

  • Ludovic Gaudard & Manfred Gilli & Franco Romerio, 2013. "Climate Change Impacts on Hydropower Management," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 27(15), pages 5143-5156, December.
    • Handle: RePEc:spr:waterr:v:27:y:2013:i:15:p:5143-5156
    DOI: 10.1007/s11269-013-0458-1
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11269-013-0458-1
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11269-013-0458-1?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.

    References listed on IDEAS

    as
    1. Gilli, Manfred & Maringer, Dietmar & Schumann, Enrico, 2011. "Numerical Methods and Optimization in Finance," Elsevier Monographs, Elsevier, edition 1, number 9780123756626.
    2. Rolf Golombek & Sverre Kittelsen & Ingjerd Haddeland, 2012. "Climate change: impacts on electricity markets in Western Europe," Climatic Change, Springer, vol. 113(2), pages 357-370, July.
    3. Pascal Hänggi & Rolf Weingartner, 2012. "Variations in Discharge Volumes for Hydropower Generation in Switzerland," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 26(5), pages 1231-1252, March.
    4. Ahmed, T. & Muttaqi, K.M. & Agalgaonkar, A.P., 2012. "Climate change impacts on electricity demand in the State of New South Wales, Australia," Applied Energy, Elsevier, vol. 98(C), pages 376-383.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Werner Hediger, 2018. "The Corporate Social Responsibility of Hydropower Companies in Alpine Regions—Theory and Policy Recommendations," Sustainability, MDPI, vol. 10(10), pages 1-20, October.
    2. Gaudard, Ludovic, 2015. "Pumped-storage project: A short to long term investment analysis including climate change," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 91-99.
    3. Asmadi Ahmad & Ahmed El-Shafie & Siti Razali & Zawawi Mohamad, 2014. "Reservoir Optimization in Water Resources: a Review," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 28(11), pages 3391-3405, September.
    4. Lucas, Edimilson Costa & Mendes-Da-Silva, Wesley, 2018. "Impact of climate on firm value: Evidence from the electric power industry in Brazil," Energy, Elsevier, vol. 153(C), pages 359-368.
    5. Gaudard, Ludovic & Madani, Kaveh, 2019. "Energy storage race: Has the monopoly of pumped-storage in Europe come to an end?," Energy Policy, Elsevier, vol. 126(C), pages 22-29.
    6. Julian David Hunt & Giacomo Falchetta & Behnam Zakeri & Andreas Nascimento & Paulo Smith Schneider & Natália Assis Brasil Weber & André Luiz Amarante Mesquita & Paulo Sergio Franco Barbosa & Nivalde J, 2020. "Hydropower impact on the river flow of a humid regional climate," Climatic Change, Springer, vol. 163(1), pages 379-393, November.
    7. Kałuża, Tomasz & Hämmerling, Mateusz & Zawadzki, Paweł & Czekała, Wojciech & Kasperek, Robert & Sojka, Mariusz & Mokwa, Marian & Ptak, Mariusz & Szkudlarek, Arkadiusz & Czechlowski, Mirosław & Dach, J, 2022. "The hydropower sector in Poland: Barriers and the outlook for the future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 163(C).
    8. Hunt, Julian David & Nascimento, Andreas & Caten, Carla Schwengber ten & Tomé, Fernanda Munari Caputo & Schneider, Paulo Smith & Thomazoni, André Luis Ribeiro & Castro, Nivalde José de & Brandão, Robe, 2022. "Energy crisis in Brazil: Impact of hydropower reservoir level on the river flow," Energy, Elsevier, vol. 239(PA).
    9. Stucchi, Leonardo & Bocchiola, Daniele & Simoni, Camilla & Ambrosini, Stefano Romano & Bianchi, Alberto & Rosso, Renzo, 2023. "Future hydropower production under the framework of NextGenerationEU: The case of Santa Giustina reservoir in Italian Alps," Renewable Energy, Elsevier, vol. 215(C).
    10. Edson Bortoni & Zulcy de Souza & Augusto Viana & Helcio Villa-Nova & Ângelo Rezek & Luciano Pinto & Roberto Siniscalchi & Rafael Bragança & José Bernardes, 2019. "The Benefits of Variable Speed Operation in Hydropower Plants Driven by Francis Turbines," Energies, MDPI, vol. 12(19), pages 1-20, September.
    11. Mariusz Adynkiewicz-Piragas & Bartłomiej Miszuk, 2020. "Risk Analysis Related to Impact of Climate Change on Water Resources and Hydropower Production in the Lusatian Neisse River Basin," Sustainability, MDPI, vol. 12(12), pages 1-23, June.
    12. Ludovic Gaudard & Franco Romerio, 2020. "A Conceptual Framework to Classify and Manage Risk, Uncertainty and Ambiguity: An Application to Energy Policy," Energies, MDPI, vol. 13(6), pages 1-22, March.
    13. Bo Su & Cunde Xiao & Deliang Chen & Dahe Qin & Yongjian Ding, 2019. "Cryosphere Services and Human Well-Being," Sustainability, MDPI, vol. 11(16), pages 1-23, August.
    14. Gaudard, Ludovic & Avanzi, Francesco & De Michele, Carlo, 2018. "Seasonal aspects of the energy-water nexus: The case of a run-of-the-river hydropower plant," Applied Energy, Elsevier, vol. 210(C), pages 604-612.
    15. Baptiste François & Benoit Hingray & Marco Borga & Davide Zoccatelli & Casey Brown & Jean-Dominique Creutin, 2018. "Impact of Climate Change on Combined Solar and Run-of-River Power in Northern Italy," Energies, MDPI, vol. 11(2), pages 1-22, January.
    16. Liu Yuan & Jianzhong Zhou & Chunlong Li & Mengfei Xie & Li Mo, 2016. "Benefit and Risk Balance Optimization for Stochastic Hydropower Scheduling," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 30(10), pages 3347-3361, August.
    17. B. François & B. Hingray & J. Creutin & F. Hendrickx, 2015. "Estimating Water System Performance Under Climate Change: Influence of the Management Strategy Modeling," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 29(13), pages 4903-4918, October.
    18. Didier Haguma & Robert Leconte, 2018. "Long-Term Planning of Water Systems in the Context of Climate Non-Stationarity with Deterministic and Stochastic Optimization," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 32(5), pages 1725-1739, March.
    19. Patro, Epari Ritesh & De Michele, Carlo & Avanzi, Francesco, 2018. "Future perspectives of run-of-the-river hydropower and the impact of glaciers’ shrinkage: The case of Italian Alps," Applied Energy, Elsevier, vol. 231(C), pages 699-713.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lucas, Edimilson Costa & Mendes-Da-Silva, Wesley, 2018. "Impact of climate on firm value: Evidence from the electric power industry in Brazil," Energy, Elsevier, vol. 153(C), pages 359-368.
    2. Zamanipour, Behzad & Ghadaksaz, Hesam & Keppo, Ilkka & Saboohi, Yadollah, 2023. "Electricity supply and demand dynamics in Iran considering climate change-induced stresses," Energy, Elsevier, vol. 263(PE).
    3. Jonas Savelsberg & Moritz Schillinger & Ingmar Schlecht & Hannes Weigt, 2018. "The Impact of Climate Change on Swiss Hydropower," Sustainability, MDPI, vol. 10(7), pages 1-23, July.
    4. Marc S. Paolella, 2014. "Fast Methods For Large-Scale Non-Elliptical Portfolio Optimization," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 9(02), pages 1-32.
    5. Kapetanios, George & Marcellino, Massimiliano & Papailias, Fotis, 2016. "Forecasting inflation and GDP growth using heuristic optimisation of information criteria and variable reduction methods," Computational Statistics & Data Analysis, Elsevier, vol. 100(C), pages 369-382.
    6. Cahuc, Pierre & Malherbet, Franck & Prat, Julien, 2019. "The Detrimental Effect of Job Protection on Employment: Evidence from France," IZA Discussion Papers 12384, Institute of Labor Economics (IZA).
    7. Santágata, Daniela M. & Castesana, Paula & Rössler, Cristina E. & Gómez, Darío R., 2017. "Extreme temperature events affecting the electricity distribution system of the metropolitan area of Buenos Aires (1971–2013)," Energy Policy, Elsevier, vol. 106(C), pages 404-414.
    8. D'Amico, A. & Ciulla, G. & Panno, D. & Ferrari, S., 2019. "Building energy demand assessment through heating degree days: The importance of a climatic dataset," Applied Energy, Elsevier, vol. 242(C), pages 1285-1306.
    9. Schaefli, Bettina & Manso, Pedro & Fischer, Mauro & Huss, Matthias & Farinotti, Daniel, 2017. "The role of glacier retreat for Swiss hydropower production," Earth Arxiv 7z96d, Center for Open Science.
    10. Manfred Gilli & Enrico Schumann, 2012. "Heuristic optimisation in financial modelling," Annals of Operations Research, Springer, vol. 193(1), pages 129-158, March.
    11. Manuel Kleinknecht & Wing Lon Ng, 2015. "Minimizing Basel III Capital Requirements with Unconditional Coverage Constraint," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 22(4), pages 263-281, October.
    12. Handriyanti Diah Puspitarini & Baptiste François & Marco Baratieri & Casey Brown & Mattia Zaramella & Marco Borga, 2020. "Complementarity between Combined Heat and Power Systems, Solar PV and Hydropower at a District Level: Sensitivity to Climate Characteristics along an Alpine Transect," Energies, MDPI, vol. 13(16), pages 1-19, August.
    13. Finn Roar Aune and Rolf Golombek, 2021. "Are Carbon Prices Redundant in the 2030 EU Climate and Energy Policy Package?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 225-264.
    14. Longbing Cao, 2021. "AI in Finance: Challenges, Techniques and Opportunities," Papers 2107.09051, arXiv.org.
    15. Ding, Lili & Zhao, Zhongchao & Han, Meng, 2021. "Probability density forecasts for steam coal prices in China: The role of high-frequency factors," Energy, Elsevier, vol. 220(C).
    16. Li, Xian-Xiang, 2018. "Linking residential electricity consumption and outdoor climate in a tropical city," Energy, Elsevier, vol. 157(C), pages 734-743.
    17. Vu, D.H. & Muttaqi, K.M. & Agalgaonkar, A.P., 2015. "A variance inflation factor and backward elimination based robust regression model for forecasting monthly electricity demand using climatic variables," Applied Energy, Elsevier, vol. 140(C), pages 385-394.
    18. De Haas Samuel & Winker Peter, 2016. "Detecting Fraudulent Interviewers by Improved Clustering Methods – The Case of Falsifications of Answers to Parts of a Questionnaire," Journal of Official Statistics, Sciendo, vol. 32(3), pages 643-660, September.
    19. Capuozzo, Pietro & Panella, Emanuele & Schettini Gherardini, Tancredi & Vvedensky, Dimitri D., 2021. "Path integral Monte Carlo method for option pricing," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 581(C).
    20. Teotónio, Carla & Fortes, Patrícia & Roebeling, Peter & Rodriguez, Miguel & Robaina-Alves, Margarita, 2017. "Assessing the impacts of climate change on hydropower generation and the power sector in Portugal: A partial equilibrium approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 788-799.

    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:spr:waterr:v:27:y:2013:i:15:p:5143-5156. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.springer.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.