6533b7d7fe1ef96bd1267a26
RESEARCH PRODUCT
The Energy Market Impact of Climate Change on Electricity Generation in Europe
Gaetano ZizzoSalvatore FavuzzaFabio MassaroE. Riva SanseverinoM. FiorelliMariano Giuseppe Ippolitosubject
Natural resource economicsbusiness.industry020209 energyFossil fuelClimate change02 engineering and technology021001 nanoscience & nanotechnologyRenewable energySettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaDevelopment planclimate changeElectricity generationenergy market0202 electrical engineering electronic engineering information engineeringelectrical generationEnvironmental scienceProduction (economics)Energy marketElectricity0210 nano-technologybusinessdescription
In this paper, the policy trend in Europe towards the emission reduction target in the energy sector, as planned from the Paris Agreement, is analyzed. Although renewable energy sources are improving their share, the large use of coal as primary fuel and the uncertainty about nuclear production makes the transition hard. It's well known that future emission patterns from energy generation influence the climate change trend, but as shown in the following, there is also a reverse interrelation, due to the different environmental conditions caused by climate change affecting all generation technologies. Furthermore, energy prices, which derive from this changed framework likewise will influence the generation output in the future. The combination of all these factors may indicate new electricity flows and a verification of the Ten Years Network Development Plan from TSOs, as well as future expansion plans in European transmission grid, should be accordingly carried out.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2018-06-01 | 2018 IEEE International Conference on Environment and Electrical Engineering and 2018 IEEE Industrial and Commercial Power Systems Europe (EEEIC / I&CPS Europe) |