Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets
Cherry, J ; Cullen, H ; Visbeck, M ; Small, A and Bertacchi Uvo, Cintia LU
(2005)
In Water Resources Management
19(6).
p.673-691
- Abstract
- Dramatic swings in the North Atlantic oscillation (NAO) during the 1990s motivated the authors to build a statistical model of NAO impacts on hydropower production and energy markets in Scandinavia. Variation in the NAO index is shown to explain 55% of the variance of streamflow in Norway and up to 30% of the variance in Norway's hydropower output. It is also possible to identify the influence of NAO anomalies on electricity consumption and prices. Government liberalization allowed a financial market to grow around the international trading of electricity, which in Norway is produced almost entirely from hydropower. The model offers a possible tool for predicting the effects of future NAO movements on hydropower production and energy... (More)
- Dramatic swings in the North Atlantic oscillation (NAO) during the 1990s motivated the authors to build a statistical model of NAO impacts on hydropower production and energy markets in Scandinavia. Variation in the NAO index is shown to explain 55% of the variance of streamflow in Norway and up to 30% of the variance in Norway's hydropower output. It is also possible to identify the influence of NAO anomalies on electricity consumption and prices. Government liberalization allowed a financial market to grow around the international trading of electricity, which in Norway is produced almost entirely from hydropower. The model offers a possible tool for predicting the effects of future NAO movements on hydropower production and energy prices in Scandinavia. The potential influence of skillful climate prediction is discussed. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/211947
- author
- Cherry, J
; Cullen, H
; Visbeck, M
; Small, A
and Bertacchi Uvo, Cintia
LU
- organization
- publishing date
- 2005
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- hydropower, energy, North Atlantic oscillation, social impacts, impacts, climate
- in
- Water Resources Management
- volume
- 19
- issue
- 6
- pages
- 673 - 691
- publisher
- Springer
- external identifiers
-
- wos:000233530900001
- scopus:29244457236
- ISSN
- 0920-4741
- DOI
- 10.1007/s11269-005-3279-z
- language
- English
- LU publication?
- yes
- id
- 44d34612-464d-403b-8591-2346bbd99b62 (old id 211947)
- date added to LUP
- 2016-04-01 15:42:07
- date last changed
- 2022-01-28 06:38:31
@article{44d34612-464d-403b-8591-2346bbd99b62,
abstract = {{Dramatic swings in the North Atlantic oscillation (NAO) during the 1990s motivated the authors to build a statistical model of NAO impacts on hydropower production and energy markets in Scandinavia. Variation in the NAO index is shown to explain 55% of the variance of streamflow in Norway and up to 30% of the variance in Norway's hydropower output. It is also possible to identify the influence of NAO anomalies on electricity consumption and prices. Government liberalization allowed a financial market to grow around the international trading of electricity, which in Norway is produced almost entirely from hydropower. The model offers a possible tool for predicting the effects of future NAO movements on hydropower production and energy prices in Scandinavia. The potential influence of skillful climate prediction is discussed.}},
author = {{Cherry, J and Cullen, H and Visbeck, M and Small, A and Bertacchi Uvo, Cintia}},
issn = {{0920-4741}},
keywords = {{hydropower; energy; North Atlantic oscillation; social impacts; impacts; climate}},
language = {{eng}},
number = {{6}},
pages = {{673--691}},
publisher = {{Springer}},
series = {{Water Resources Management}},
title = {{Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets}},
url = {{http://dx.doi.org/10.1007/s11269-005-3279-z}},
doi = {{10.1007/s11269-005-3279-z}},
volume = {{19}},
year = {{2005}},
}