{"word_count": 173, "character_count": 1346}
Distributional Consequences of Climate Change Impacts on the Power Sector: Who gains and who loses? / Dirk Rübbelke, Stefan Vögele. Brussels : CEPS, May 2011, 21 p. (Working document)http://www.ceps.eu/book/distributional-consequences-climate-change-impacts-power-sector-who-gains-and-who-losesClimate change tends to negatively affect the power sector, inter alia,  by causing cooling problems in power plants and impairing the water  supply required for hydro-power generation. In future, when global  warming is expected to increase, autonomous adaptation to climate change  via international electricity markets inducing reallocations of power  generation may not be sufficient to prevent supply disruptions.  Furthermore, the consequent changes of supply patterns and electricity  prices might cause an undesirable redistribution of wealth both between  individual power suppliers and between suppliers and consumers. This  study ascertains changes in European power supply patterns and  electricity prices caused by ongoing global warming as well as related  redistribution of wealth for different climate change scenarios. Our  results confirm that autonomous adaptation in the power sector should be  complemented by planned public adaptation in order to preserve energy  security and to prevent undesired distributional effects. (© CEPS)