Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets
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...
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ftoceanrep:oai:oceanrep.geomar.de:7535 2023-05-15T17:28:49+02:00 Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets Cherry, Jessie Cullen, Heidi Visbeck, Martin Small, Arthur Uvo, Cintia 2005 text https://oceanrep.geomar.de/id/eprint/7535/ https://oceanrep.geomar.de/id/eprint/7535/1/209_Cherry_2005_ImpactsOfTheNorthAtlantic_Artzeit_pubid9978.pdf https://oceanrep.geomar.de/id/eprint/7535/3/art_10.1007_s11269-005-3279-z.pdf https://doi.org/10.1007/s11269-005-3279-z en eng Springer https://oceanrep.geomar.de/id/eprint/7535/1/209_Cherry_2005_ImpactsOfTheNorthAtlantic_Artzeit_pubid9978.pdf https://oceanrep.geomar.de/id/eprint/7535/3/art_10.1007_s11269-005-3279-z.pdf Cherry, J., Cullen, H., Visbeck, M. , Small, A. and Uvo, C. (2005) Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets. Water Resources Management, 19 (6). pp. 673-691. DOI 10.1007/s11269-005-3279-z <https://doi.org/10.1007/s11269-005-3279-z>. doi:10.1007/s11269-005-3279-z info:eu-repo/semantics/restrictedAccess Article NonPeerReviewed 2005 ftoceanrep https://doi.org/10.1007/s11269-005-3279-z 2023-04-07T14:54:56Z 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 NAOmovements on hydropower production and energy prices in Scandinavia. The potential influence of skillful climate prediction is discussed. Article in Journal/Newspaper North Atlantic North Atlantic oscillation OceanRep (GEOMAR Helmholtz Centre für Ocean Research Kiel) Norway Water Resources Management 19 6 673 691 |
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OceanRep (GEOMAR Helmholtz Centre für Ocean Research Kiel) |
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ftoceanrep |
language |
English |
description |
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 NAOmovements on hydropower production and energy prices in Scandinavia. The potential influence of skillful climate prediction is discussed. |
format |
Article in Journal/Newspaper |
author |
Cherry, Jessie Cullen, Heidi Visbeck, Martin Small, Arthur Uvo, Cintia |
spellingShingle |
Cherry, Jessie Cullen, Heidi Visbeck, Martin Small, Arthur Uvo, Cintia Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets |
author_facet |
Cherry, Jessie Cullen, Heidi Visbeck, Martin Small, Arthur Uvo, Cintia |
author_sort |
Cherry, Jessie |
title |
Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets |
title_short |
Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets |
title_full |
Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets |
title_fullStr |
Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets |
title_full_unstemmed |
Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets |
title_sort |
impacts of the north atlantic oscillation on scandinavian hydropower production and energy markets |
publisher |
Springer |
publishDate |
2005 |
url |
https://oceanrep.geomar.de/id/eprint/7535/ https://oceanrep.geomar.de/id/eprint/7535/1/209_Cherry_2005_ImpactsOfTheNorthAtlantic_Artzeit_pubid9978.pdf https://oceanrep.geomar.de/id/eprint/7535/3/art_10.1007_s11269-005-3279-z.pdf https://doi.org/10.1007/s11269-005-3279-z |
geographic |
Norway |
geographic_facet |
Norway |
genre |
North Atlantic North Atlantic oscillation |
genre_facet |
North Atlantic North Atlantic oscillation |
op_relation |
https://oceanrep.geomar.de/id/eprint/7535/1/209_Cherry_2005_ImpactsOfTheNorthAtlantic_Artzeit_pubid9978.pdf https://oceanrep.geomar.de/id/eprint/7535/3/art_10.1007_s11269-005-3279-z.pdf Cherry, J., Cullen, H., Visbeck, M. , Small, A. and Uvo, C. (2005) Impacts of the North Atlantic Oscillation on Scandinavian hydropower production and energy markets. Water Resources Management, 19 (6). pp. 673-691. DOI 10.1007/s11269-005-3279-z <https://doi.org/10.1007/s11269-005-3279-z>. doi:10.1007/s11269-005-3279-z |
op_rights |
info:eu-repo/semantics/restrictedAccess |
op_doi |
https://doi.org/10.1007/s11269-005-3279-z |
container_title |
Water Resources Management |
container_volume |
19 |
container_issue |
6 |
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673 |
op_container_end_page |
691 |
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1766121903336980480 |