Sergio, Alberto
- Department of Economics, Swedish University of Agricultural Sciences
Abstract
This paper investigates how extreme weather conditions affect power generators across Europe, with on the differing vulnerabilities and adaptive responses of hydropower and thermal plants. Using a granular panel dataset of daily power plant outages and local weather conditions (2017-2023), we assess the influence of extreme temperatures, floods, and droughts on outage risks. We distinguish between forced and planned outages to identify how operators anticipate or react to weather-related stress. Our findings show that extreme weather events raise outage risks across multiple technologies, though their responses vary. Sudden such as unexpected temperature extremes, are more likely to trigger unplanned operational failures, planned outages tend to align with longer-term maintenance cycles rather than immediate environmental pressures. These results highlight the need for climate-resilient strategies to protect energy systems growing weather variability.
Keywords
Electricity; Power generation; Outages; Climate change
Published in
Energy Economics
2025, volume: 148, article number: 108549
Publisher: ELSEVIER
SLU Authors
UKÄ Subject classification
Energy Systems
Economics
Publication identifier
- DOI: https://doi.org/10.1016/j.eneco.2025.108549
Permanent link to this page (URI)
https://res.slu.se/id/publ/142166