Low levels of awareness of climate risks and the availability of climate services are significant barriers to climate adaptation in the electricity sector, according to new research from Germany. However, the research also finds that the underlying market opportunity for climate services remains strong.
Damage to a critical infrastructure, its destruction or disruption by for example natural disasters, will have a significant negative impact on the security of the EU and the well-being of its citizens. Focussing on the German electricity sector, the report found that stakeholders in the sector claimed to need seasonal forecasts and decadal predictions, the latter aligning closely with energy companies’ time frames for strategic planning. However, despite this, there is currently a low level of demand for climate services from the sector.
The report found that four major barriers prevented the uptake of climate services:
- low awareness of the climate-related risks,
- low awareness of the benefits climate services can provide,
- mismatches between the required and the available timescales and spatial resolution of data and
- a lack of trust in the reliability of data.
In order to overcome these hurdles, the report recommends that considerable work needs to be done in the first instance to increase the visibility of the climate services industry and how it can contribute to the climate resilience of key sectors. It proposes that a ‘Climate Service Provider Store’ is created to provide information about where appropriate climate service providers are available.
Additionally, the case study recommends that work continues to ensure that seasonal and decadal forecast become ever-more accurate and that regional cooperation between industry networks and climate services providers are strengthened.
The case study was led by the non-profit research organization HZG under the MArket Research for a Climate Services Observatory (MARCO) programme of which Acclimatise is a proud partner. MARCO, a 2-year project coordinated by hopes that research such as this will help to remove the barriers to the growth of the climate services industry across Europe.
Download the full case study “Critical Energy Infrastructures” here.
Download an infographic highlighting the key findings of the case study here
This article was originally published on Acclimatise
Post written by Richard Bater | 4 June 2018
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