Electricity Prices, River Temperatures, and Cooling Water Scarcity
研究了2002-2009年德国河流温度和水资源短缺对电价的影响，发现两者均显著影响电价，意味着气候变化会通过水温升高和水资源短缺进一步推高电价。
Thermal-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 analyzes 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. <i></i>