From the article title, I thought you would explain how rapid deployment of wind and solar energy was raising electricity prices. Just kidding.
Of course, we'd expect hotter temperatures to increase demand for air conditioning in Texas. Likewise, we'd expect hotter temperatures to decrease demand for heating in Texas, as well as Buffalo and Montreal. The decreased heating might not show up in electricity consumption, since most heating comes from oil and natural gas. Certainly, some (hotter) areas of the world will need more energy on net, while other (colder) areas will likely need less. Which effect is greatest on a global level might be an interesting topic.
But as is often pointed out, further warming is extremely likely but not likely catastrophic. To me, the most obvious implication is that adaptation to climate change will require efforts to provide the most economical energy sources. Rapid decarbonization will do little to reduce warming, but a lot to reduce affordability of energy.
I ran your last paragraph through ChatGPT with this query: "Can you tell me if the following paragraph is valid/reasonable/logical?" Quite interesting!
Do you have any idea what value for the average Summer temperature would break Ercot's ability to provide enough electricity to consumers to keep their homes at a livable T? I wouldn't be surprised if we were approaching that point.
Nice analysis!
From the article title, I thought you would explain how rapid deployment of wind and solar energy was raising electricity prices. Just kidding.
Of course, we'd expect hotter temperatures to increase demand for air conditioning in Texas. Likewise, we'd expect hotter temperatures to decrease demand for heating in Texas, as well as Buffalo and Montreal. The decreased heating might not show up in electricity consumption, since most heating comes from oil and natural gas. Certainly, some (hotter) areas of the world will need more energy on net, while other (colder) areas will likely need less. Which effect is greatest on a global level might be an interesting topic.
But as is often pointed out, further warming is extremely likely but not likely catastrophic. To me, the most obvious implication is that adaptation to climate change will require efforts to provide the most economical energy sources. Rapid decarbonization will do little to reduce warming, but a lot to reduce affordability of energy.
I ran your last paragraph through ChatGPT with this query: "Can you tell me if the following paragraph is valid/reasonable/logical?" Quite interesting!
We must tame our wasting habits.
Do you have any idea what value for the average Summer temperature would break Ercot's ability to provide enough electricity to consumers to keep their homes at a livable T? I wouldn't be surprised if we were approaching that point.
Nicely done! It will be interesting to know whether other jurisdictions use your methods.
I'm actually working on an analysis for other RTOs in the U.S.