Extreme Climate Events and Energy Market Vulnerability: A Systematic Global Review

This research study deals with the analysis of climate catastrophes that have occurred worldwide and in what measure they have affected communities, in an economic and social point of view, and energy markets in general over time. A chronological sweep across Europe has been carried out in order to...

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Main Authors: César Dubbier Castro Hernandez, Lina Montuori, Manuel Alcázar-Ortega, Piotr Olczak
Format: Article
Language:English
Published: MDPI AG 2025-05-01
Series:Applied Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3417/15/11/6210
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author César Dubbier Castro Hernandez
Lina Montuori
Manuel Alcázar-Ortega
Piotr Olczak
author_facet César Dubbier Castro Hernandez
Lina Montuori
Manuel Alcázar-Ortega
Piotr Olczak
author_sort César Dubbier Castro Hernandez
collection DOAJ
description This research study deals with the analysis of climate catastrophes that have occurred worldwide and in what measure they have affected communities, in an economic and social point of view, and energy markets in general over time. A chronological sweep across Europe has been carried out in order to evaluate the different consequences that phenomena such as hurricanes, winter storms, and floods have had, especially on the energy prices. Moreover, the effects of the variability of renewable generation during climate disasters not only in Europe but also in North America, Australia, and Latin America have been discussed. Furthermore, best practices and novel strategies for climate adaptations have been identified in different countries, and the results show how energy planning integrated within a systematic diversification of energy sources and investment in infrastructure and advanced technologies such as distributed generation and digital twins can be crucial to enhance the reliability of energy systems.
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series Applied Sciences
spelling doaj-art-5c02332fdf994416adcd8d3c8a37f74c2025-08-20T02:23:04ZengMDPI AGApplied Sciences2076-34172025-05-011511621010.3390/app15116210Extreme Climate Events and Energy Market Vulnerability: A Systematic Global ReviewCésar Dubbier Castro Hernandez0Lina Montuori1Manuel Alcázar-Ortega2Piotr Olczak3Institute for Energy Engineering, Universitat Politècnica de València, Camino de Vera s/n, 46022 Valencia, SpainInstitute for Energy Engineering, Universitat Politècnica de València, Camino de Vera s/n, 46022 Valencia, SpainInstitute for Energy Engineering, Universitat Politècnica de València, Camino de Vera s/n, 46022 Valencia, SpainMineral and Energy Economy Research Institute of the Polish Academy of Sciences, 31-261 Kraków, PolandThis research study deals with the analysis of climate catastrophes that have occurred worldwide and in what measure they have affected communities, in an economic and social point of view, and energy markets in general over time. A chronological sweep across Europe has been carried out in order to evaluate the different consequences that phenomena such as hurricanes, winter storms, and floods have had, especially on the energy prices. Moreover, the effects of the variability of renewable generation during climate disasters not only in Europe but also in North America, Australia, and Latin America have been discussed. Furthermore, best practices and novel strategies for climate adaptations have been identified in different countries, and the results show how energy planning integrated within a systematic diversification of energy sources and investment in infrastructure and advanced technologies such as distributed generation and digital twins can be crucial to enhance the reliability of energy systems.https://www.mdpi.com/2076-3417/15/11/6210extreme climatic eventsclimate catastrophesenergy marketselectricity pricesadvanced technologies
spellingShingle César Dubbier Castro Hernandez
Lina Montuori
Manuel Alcázar-Ortega
Piotr Olczak
Extreme Climate Events and Energy Market Vulnerability: A Systematic Global Review
Applied Sciences
extreme climatic events
climate catastrophes
energy markets
electricity prices
advanced technologies
title Extreme Climate Events and Energy Market Vulnerability: A Systematic Global Review
title_full Extreme Climate Events and Energy Market Vulnerability: A Systematic Global Review
title_fullStr Extreme Climate Events and Energy Market Vulnerability: A Systematic Global Review
title_full_unstemmed Extreme Climate Events and Energy Market Vulnerability: A Systematic Global Review
title_short Extreme Climate Events and Energy Market Vulnerability: A Systematic Global Review
title_sort extreme climate events and energy market vulnerability a systematic global review
topic extreme climatic events
climate catastrophes
energy markets
electricity prices
advanced technologies
url https://www.mdpi.com/2076-3417/15/11/6210
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AT linamontuori extremeclimateeventsandenergymarketvulnerabilityasystematicglobalreview
AT manuelalcazarortega extremeclimateeventsandenergymarketvulnerabilityasystematicglobalreview
AT piotrolczak extremeclimateeventsandenergymarketvulnerabilityasystematicglobalreview