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dc.contributor.authorMcDermott, Grant
dc.contributor.authorNilsen, Øivind Anti
dc.date.accessioned2012-03-13T12:20:16Z
dc.date.available2012-03-13T12:20:16Z
dc.date.issued2011-09
dc.identifier.issn0804-6824
dc.identifier.urihttp://hdl.handle.net/11250/163374
dc.description.abstractThermal-based power stations rely on water for cooling purposes. These water sources may be subject to incidents of scarcity, environmental regulations and competing economic concerns. This paper analyses the effect of water scarcity and increased river temperatures on German electricity prices from 2002 to 2009. Having controlled for demand effects, the results indicate that the electricity price is significantly impacted by both a change in river temperatures and the relative abundance of river water. An implication is that future climate change will affect electricity prices not only through changes in demand, but also via increased water temperatures and scarcity.no_NO
dc.language.isoengno_NO
dc.publisherNorwegian School of Economics, Department of Economicsno_NO
dc.relation.ispartofseriesDiscussion Papers;18/2011
dc.subjectdhermal-based powerno_NO
dc.subjectwater scarcityno_NO
dc.titleElectricity Prices, River Temperatures and Cooling Water Scarcityno_NO
dc.typeWorking paperno_NO
dc.subject.nsiVDP::Social science: 200::Economics: 210::Economics: 212no_NO


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