A short-term heatwave and its impact on the European electricity markets and the security of electricity supply
- Research topic/area
- Energy economics, energy system analysis, disruptive events, heatwave, drought
- Type of thesis
- Bachelor / Master
- Start time
- Application deadline
- 01.03.2025
- Duration of the thesis
- 6 Months
Description
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?
Requirement
- Requirements for students
-
- 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
- Faculty departments
-
- Economic & law sciences
Information Engineering
Business engineering
Business management
Other fields of study
Business Mathematics
- Economic & law sciences
Supervision
- Title, first name, last name
- Johannes Schuhmacher
- Organizational unit
- Institut für Industriebetriebslehre und Industrielle Produktion (IIP)
- Email address
- johannes.schuhmacher@kit.edu
- Link to personal homepage/personal page
- Website
Application via email
- Application documents
-
- Cover letter
- Curriculum vitae
- Grade transcript
E-Mail Address for application
Senden Sie die oben genannten Bewerbungsunterlagen bitte per Mail an johannes.schuhmacher@kit.edu
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