Publication:
Assessing Power System Disruptions and Associated Economic Impacts from Increasing Extreme Heat Events in Southeast Europe Using an Idealized Design Methodology Design Methodology

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dc.contributor.authorFarnham, David
dc.contributor.authorEisenberg, Ross
dc.contributor.authorBonnafous, Luc
dc.date.accessioned2024-07-24T15:56:14Z
dc.date.available2024-07-24T15:56:14Z
dc.date.issued2024-07-24
dc.description.abstractAs the world endeavors to decarbonize and shift toward sustainable energy sources, power systems will become increasingly dependent on weather conditions. This dependence creates the challenge of managing fluctuations in both power supply and demand (particularly for cooling), which can jeopardize system reliability, particularly during extreme weather events. To what extent will the increases in peak cooling demands manifest more frequent power system disruptions, posing risks to human health and economic activity This paper focuses on urban centers in Southeast Europe and utilizes state-of-the-art climate simulations to estimate changes in the magnitude of extreme heat events. It also estimates the frequency of potential associated power system disruptions and their ensuing impacts on economic activity by assuming an idealized design methodology. The analysis reveals that between 2021 and 2070, urban centers in Southeast Europe may be at risk of an estimated four to nine power system disruptions per decade due to increasing trends in extreme heat events. These disruptions have the potential to incur annual economic costs of up to tens of millions of dollars in some cities. The projected disruptions highlight the challenges of adapting power systems to climate change, even with idealized regular redesign and maintenance efforts. To mitigate power system fragility during heat waves, the paper recommends implementing measures such as securing reserve power capacity, promoting urban cooling through greening initiatives, adopting demand-side management with smart-grid infrastructure, and increasing the deployment of solar power, which typically has high generation potential during heat waves.en
dc.identifierhttp://documents.worldbank.org/curated/en/099423207222420953/IDU1166500ae1c95e149071addf107c246c2c9dc
dc.identifier.doi10.1596/1813-9450-10858
dc.identifier.urihttps://hdl.handle.net/10986/41943
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 10858
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectPOWER SYSTEM DISRUPTIONS
dc.subjectEXTREME HEAT EVENTS
dc.subjectCOOLING POWER DEMANDS
dc.subjectAFFORDABLE AND CLEAN ENERGY
dc.subjectSDG 7
dc.subjectCLIMATE ACTION
dc.subjectSDG 13
dc.titleAssessing Power System Disruptions and Associated Economic Impacts from Increasing Extreme Heat Events in Southeast Europe Using an Idealized Design Methodology Design Methodologyen
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleAssessing Power System Disruptions and Associated Economic Impacts from Increasing Extreme Heat Events in Southeast Europe Using an Idealized Design Methodology Design Methodology
okr.date.disclosure2024-07-24
okr.date.lastmodified2024-07-22T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099423207222420953/IDU1166500ae1c95e149071addf107c246c2c9dc
okr.guid099423207222420953
okr.identifier.docmidIDU-166500ae-c95e-4907-addf-07c246c2c9dc
okr.identifier.doi10.1596/1813-9450-10858
okr.identifier.doihttps://doi.org/10.1596/1813-9450-10858
okr.identifier.externaldocumentum34367337
okr.identifier.internaldocumentum34367337
okr.identifier.reportWPS10858
okr.import.id4901
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099423207222420953/pdf/IDU1166500ae1c95e149071addf107c246c2c9dc.pdfen
okr.region.geographicalEurope
okr.sectorSub-National Government
okr.themeUrban Development,Mitigation,Disaster Risk Reduction,Environment and Natural Resource Management,Finance for Development,Finance,Urban Planning,Climate change,Urban and Rural Development,Adaptation,Disaster Risk Finance,Disaster Risk Management
okr.topicEnergy::Energy Consumption
okr.topicEnergy::Energy Demand
okr.topicEnvironment::Climate Change Impacts
okr.topicEnergy::Utilities
okr.unitDisaster Climate Risk Management (IDURM)
okr.unitInfrastructure VPU (GGIVP)
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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