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Conference Agenda

Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

Please note that all times are shown in the time zone of the conference. The current conference time is: 10th Sept 2026, 07:05:10pm CEST (Norway)

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Daily Overview

Session

Renewable energy and climate adaptation
Location: Auditorium I
Session Chair: Marc Yeterian, Paris Dauphine University

Presentation 2

Can home solar PV users better adapt to price and temperature shocks? Evidence from Italy between 2021-2022

Enrica De Cian¹, Francesco Pietro Colelli¹, Lucia Piazza², Wilmer Pasut²

1: Euro-Mediterranean Center on Climate Change (CMCC); 2: Ca' Foscari University Venice, Italy

Discussant: Giacomo Falchetta (Euro-Mediterranean Center on Climate Change (CMCC))

The use of renewable energy sources, the energy crisis and the increased frequency and intensity of high heat events are changing the conditions under which European households consume energy services for their thermal comfort. Leveraging high-frequency residential electricity consumption data of over 10,000 households of one municipality in Northern Italy, between 2021 and 2022, we show that Photovoltaic (PV) adoption reduces electricity extraction from the grid, during high price and temperature events, enhancing energy security and affordability. Based on our estimated demand functions, we measure significant differences in the price-induced consumer surplus loss for households with and without PV, which amount to 133 and 300 euros, respectively, highlighting substantial private benefits from PV adoption during price fluctuations. Also, we evaluate the social benefits of PV adoption by using the global estimates of the Social Cost of Carbon (SCC) to monetize the value of avoided negative externalities due to GHGs emissions. The adoption of PV by an average household in Brescia spares up to 544 Kg of CO2 in a year, leading to a reduction of environmental damages for a value of 166 - 266 €/year.