A short-term heatwave and its impact on the European electricity markets and the security of electricity supply

Forschungsthema/Bereich

Energy economics, energy system analysis, disruptive events, heatwave, drought

Typ der Abschlussarbeit

Bachelor / Master

Startzeitpunkt

Bewerbungsschluss

01.03.2025

Dauer der Arbeit

6 Months

Beschreibung

Problem / state of knowledge: Heatwaves like those in 2003, 2018 and 2019 have high-
lighted the significant challenges that extreme weather events pose for electricity supply
systems. These events disrupt power generation, especially in thermal power plants that
rely on sufficient cooling water. The resulting interruptions can compromise supply reliabil-
ity, lead to demand shortages, and drive electricity prices higher. Despite the diversification
of Europe’s generation mix, extreme weather events increasingly test the resilience and
adaptability of the interconnected grid. These challenges, along with downstream effects
on electricity markets and retail prices, underline the need to analyse the impact of such
scenarios in more detail.
Research questions:
1. How do heatwaves impact the availability and reliability of thermal and hydropower
plants in Europe?
2. What are the implications of heat-induced constraints on electricity prices and supply
security?

Voraussetzung

Voraussetzungen an Studierende

• Basic knowledge in the field of energy systems or energy markets
• Depending on the focus, knowledge of quantitative methods, e.g. data analysis (Python, R), stochastic methods, modeling methods
• Good knowledge of German and/or English

Studiengangsbereiche

• Wirtschafts- und Rechtswissenschaften
  Wirtschaftsinformatik
  Technische Volkswirtschaftslehre
  Wirtschaftsingenieurwesen
  Sonstige Studienbereiche
  Wirtschaftsmathematik

Betreuung

Titel, Vorname, Name

Johannes Schuhmacher

Organisationseinheit

Institut für Industriebetriebslehre und Industrielle Produktion (IIP)

E-Mail Adresse

johannes.schuhmacher@kit.edu

Link zur eigenen Homepage/Personenseite

Website

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Senden Sie die oben genannten Bewerbungsunterlagen bitte per Mail an johannes.schuhmacher@kit.edu


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