Weather-induced power plant outages: Empirical evidence from hydro and thermal generators in Europe

IF 13.6 2区 经济学 Q1 ECONOMICS
Alberto Sergio , Francesco Pietro Colelli
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引用次数: 0

Abstract

This paper investigates how extreme weather conditions affect power generators across Europe, with a focus 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 shocks, such as unexpected temperature extremes, are more likely to trigger unplanned operational failures, while 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 from growing weather variability.
天气引起的发电厂停电:来自欧洲水力和火力发电机的经验证据
本文调查了极端天气条件如何影响整个欧洲的发电机,重点关注水电和火力发电厂的不同脆弱性和适应性反应。利用电厂日常停电和当地天气条件(2017-2023)的颗粒面板数据集,我们评估了极端温度、洪水和干旱对停电风险的影响。我们区分了强制中断和计划中断,以确定运营商如何预测或应对与天气相关的压力。我们的研究结果表明,极端天气事件增加了多种技术的中断风险,尽管它们的反应各不相同。突如其来的冲击,如意外的极端温度,更有可能引发计划外的操作故障,而计划中断往往与长期维护周期相一致,而不是直接的环境压力。这些结果突出表明,需要采取气候适应型战略,以保护能源系统免受日益增长的天气变化的影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Energy Economics
Energy Economics ECONOMICS-
CiteScore
18.60
自引率
12.50%
发文量
524
期刊介绍: Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.
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