Integrating Climate Risk into Long-Term Energy Planning: A Critical Review

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Authors

James Doss-Gollin , Yash Vijay Amonkar , Katlyn Schmeltzer, Daniel Cohan

Abstract

Electricity systems face substantial and growing climate risks which are escalating due to electrification, renewable energy intermittency, population changes, and the intensifying impacts of climate change such as extreme temperatures and weather-induced infrastructure damage. This critical review investigates climate risks to the electricity sector and scrutinizes the methodologies used to represent climate risk in long-term electricity system planning studies. We find that many studies rely on weather data and socio-economic scenarios that are inadequate to fully characterize climate risks to present and future electricity systems. We advocate for more holistic assessments that incorporate comprehensive weather data, acknowledge dynamic multi-sector interactions, and employ adaptive and robust methodologies.

DOI

https://doi.org/10.31223/X5QM2W

Subjects

Civil Engineering, Earth Sciences, Power and Energy, Risk Analysis

Keywords

climate risk, Electricity Systems, climate change

Dates

Published: 2023-07-15 01:13

Last Updated: 2023-07-15 08:13

License

CC BY Attribution 4.0 International

Additional Metadata

Data Availability (Reason not available):
This is a review; no associated data