@article{Gonseth:332204,
      recid = {332204},
      author = {Gonseth, Camille and Vielle, Marc},
      title = {Modeling the Impacts of Climate Change on the Energy  Sector: a Swiss perspective},
      address = {2012},
      pages = {25},
      year = {2012},
      note = {Presented at the 15th Annual Conference on Global Economic  Analysis, Geneva, Switzerland},
      abstract = {When speaking of energy in the context of climate change,  the interest usually lies in mitigation policies. This  paper takes a different approach and analyzes the impacts  of climate change on the Swiss energy system. We study  these impacts on both the energy demand and supply. For the  former impacts, it is predicted that higher temperatures  will modify future heating and cooling demands in opposite  directions. As for the supply side, changes in  precipitation will affect hydropower while higher  temperature will impact cooling facilities and energy  efficiency of thermal power plants. To undertake the  analysis, we use a Computable General Equilibrium model,  the GEMINI-E3, which is a standard CGE model based on the  GTAP database. In the first part of the paper, we present  how to integrate within GEMINI-E3 information related to  temperature and precipitation. Future changes in these  variables are obtained from 4 couplings of global and  regional climate models realized in the framework of the  European project ENSEMBLES. Based on these simulation data,  we derived impacts via econometrically estimated functions  and constructed aggregated indicators, such as cooling and  heating degree-days, that are then used as exogenous  variables within GEMINI-E3. After the methodological part,  we present different scenarios without and with climate  change and compare their outcomes by 2050. Whereas  detrimental impacts on the supply side seem to remain  limited, we clearly find strong macroeconomic impacts  through changes in heating and cooling energy demands.  Furthermore, we show that the reduced energy demand for  heating has positive impacts for the Swiss economy that  largely outweigh the negative ones created by the increased  energy demand for cooling. These results are linked to the  Swiss context, where heating needs are much higher than  cooling needs. The net impact is all the more positive that  fossil fuels, which are the main energy source for heating,  are entirely imported.},
      url = {http://ageconsearch.umn.edu/record/332204},
}