EconPapers    
Economics at your fingertips  
 

Electricity adequacy in Switzerland and Europe for the winter 2022-2023

Ali Darudi and Hannes Weigt

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: The European electricity system enters the winter of 2022-2023 facing challenges such as reduced availability of French nuclear power, lower than average stored hydro energy and possible gas shortages in the power industry. These challenges limit the amount of energy available to the system during the winter and reduce the system's ability to meet peak demand and. This study quantitatively analyses the security of electricity supply in Europe (with a focus on Switzerland) between November 2022 and April 2023 by simulating electricity generation and trading under various supply and climate scenarios. To provide a conservative analysis, we exclude certain measures such as demand reduction targets and fuel switching efforts. The results show that Europe, and France in particular, can avoid transmission congestion and power shortages in the event of reduced French nuclear availability. However, in a cold winter, supply shortages may occur in gas-dependent countries if reduced French nuclear availability is combined with gas generation being limited to historical levels. Furthermore, if a 20% gas saving is enforced, Europe could face supply shortages in various weather realisations. On the other hand, Switzerland faces few challenges even in cold winters with the reduced availability of French nuclear and the implementation of 10% gas savings in the electricity system. This is due to the flexibility of the Swiss hydro system and trading opportunities with neighbouring countries.

Keywords: System adequacy; electricity markets; energy crisis (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/268379/1/Euroep_SA_6_AD.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:268379

Access Statistics for this paper

More papers in EconStor Preprints from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

 
Page updated 2023-11-08
Handle: RePEc:zbw:esprep:268379