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).
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Daily Overview |
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Water 2 Location: B129 Session Chair: Fernando Rörig, University of Sao Paulo | |
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How climate change will affect the energy supply? Empirical evidence from Poland. 1: Kozminski University, Poland; 2: Chair of Energy Sustainability, Barcelona Institute of Economics; 3: University of Chicago Despite the growing frequency of power outages in the context of climate change, little is known about the underlying causes of grid instability. In this study, we document and quantify previously overlooked factors contributing to unplanned electricity outages: upstream water temperature and water height. Using high-frequency data from utility outage reports and a novel instrumental variable—upstream water flow—we establish that both water temperature and water height significantly affect the likelihood of unplanned outages at the plant unit level. Moreover, we demonstrate that these effects are non-linear. Specifically, the probability of an outage exceeds 50% when upstream water temperature reaches 25°C, while for water height, the outage probability peaks at 50 cm and diminishes as water height increases. These effects are predominantly driven by older power plants, suggesting that the age and resilience of the plant infrastructure play a critical role in its vulnerability to hydrological conditions. Those results may be relevant not only for coal power plants but also nuclear plants. | |