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Resilience to Climate Impacts and Spatial Propagation in the Power Industry

In: Regional Resilience to Climate and Environmental Shocks

Author

Listed:
  • Rita De Siano

    (Parthenope University of Naples)

  • Valerio Leone Sciabolazza

    (Parthenope University of Naples)

  • Alessandro Sapio

    (Parthenope University of Naples)

Abstract

This chapter reviews applications of spatial econometrics that are relevant for understanding the resilience of the electricity industry to climate-related impacts. Two domains of spatial econometric applications are considered, namely, wholesale power demand and the residential uptake of photovoltaic panels. The results so far published on power demand are interpreted in light of a novel theoretical framework, wherein the resistance of the electricity market is parametrized on the spatial correlation coefficient. The literature review on photovoltaic panel adoption is preceded by the illustration of the theoretical insights behind the role of space in technology diffusion. Implications for the resilience of the industry to shocks are drawn.

Suggested Citation

  • Rita De Siano & Valerio Leone Sciabolazza & Alessandro Sapio, 2020. "Resilience to Climate Impacts and Spatial Propagation in the Power Industry," SpringerBriefs in Regional Science, in: Regional Resilience to Climate and Environmental Shocks, chapter 0, pages 89-109, Springer.
    • Handle: RePEc:spr:sbrchp:978-3-030-54588-8_6
    DOI: 10.1007/978-3-030-54588-8_6
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