Browsing by Author "Abadie, Luis María"
Now showing items 1-20 of 36
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A method for selecting a climate model: an application for maximum daily temperature in Southern Spain
General circulation models (GCM) show projections of climate variables that when downscaled can be applied to analyse future behaviour in different areas or places. Using them is possible not just to obtain expected values ... -
A multi-resolution and multivariate analysis of the dynamic relationships between crude oil and petroleum-product prices
Polanco Martínez, Josué Moisés; Abadie, Luis María; Fernández Macho, Francisco Javier (Elsevier, 2018)This paper proposes the use of a novel multivariate, dynamic approach wavelet local multiple correlation (WLMC) (Fernández-Macho, 2018) to analyse the relationship between oil time series in the time-scale domain. This ... -
Accounting for economic factors in socio-hydrology: Optimization under uncertainty and climate change
Abadie, Luis María; Markandya, A.; Neumann, M.B. (MDPI, 2019)This paper reframes the socio-hydrology analysis as an optimization problem. To achieve this, we first develop a valuation scheme to estimate net benefits of development in a flood plain, consisting of benefits obtained ... -
Addendum to Understanding risks in the light of uncertainty: low-probability, high-impact coastal events in cities
Galarraga, Ibon; Murieta, Elisa, Sainz de; Markandya, Anil; Abadie, Luis María (IOP Publishing, 2018)This addendum adds to the analysis presented in Understanding risks in the light of uncertainty: low-probability, high-impact coastal events in cities Abadie et al (2017 Environ. Res. Lett . 12 [https://doi.org/10.1088 ... -
Climate change and heatwaves in the main coastal cities of the Basque Country
Abadie, Luis María; Smid, M. (Ekonomiaz: Revista Vasca De Economía, 2020)In this paper we analyse the probabilistic behaviour of heatwaves (HWs) in the main coastal cities of the Basque Country (Bayonne, Bilbao and Donostia-San Sebastian) in the twentyfirst century. We estimate HW behaviour ... -
Climate Risk Assessment under Uncertainty: An Application to Main European Coastal Cities
Abadie, Luis María; Sainz de Murieta Zugadi, Elisa; Galarraga, Ibon (Frontiers in Marine Science, 2016-12-16)This paper analyses the risk of extreme coastal events in major European coastal cities using a stochastic diffusion model that is calibrated with the worst case emission scenario from the Intergovernmental Panel for Climate ... -
Comparing urban coastal flood risk in 136 cities under two alternative sea-level projections: RCP 8.5 and an expert opinion-based high-end scenario
Abadie, Luis María; Jackson, L.P.; Sainz de Murieta Zugadi, Elisa; Jevrejeva, S.; Galarraga, I. (Elsevier, 2020)The high degree of uncertainty associated with the extent of future sea-level rise stems primarily from the potential mass loss of the Greenland and Antarctica ice-sheets. We explore the impact of this uncertainty on ... -
Current expectations and actual values for the clean spark spread: The case of Spain in the Covid-19 crisis
Abadie, Luis María (JOURNAL OF CLEANER PRODUCTION, 2021)The Covid-19 crisis has had a major impact on electricity markets, affecting power plant input and output prices. In this paper Spanish electricity and natural gas prices and international carbon prices are used to calculate ... -
Economic Efficiency, Environmental Effectiveness and Political Feasibility of Energy Efficiency Rebates: The Case of the Spanish Energy Efficiency 'Renove' Plan
Galarraga, Ibon; Abadie, Luis María; Ansuategui Cobo, José Alberto (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2013-02-02)Energy labels are used to promote the purchase of efficient appliances. Many countries in Europe use subsidies (namely energy efficiency rebates) to support these purchases as it is the case of Spain. A figure ranging from ... -
Estimating the Volatility of Flights and Risk of Saturation of Airspaces in the European Core Area: A Methodological Proposal
Galarraga Gallastegui, Ibon; Abadie, Luis María; Standfuss, Thomas; Ruiz de Gauna, Itziar; Goicoechea Larracoechea, Nestor (MDPI, 2023-11-22)Despite having some fluctuations and the impact of the COVID-19 crisis, the demand for flights had a general growing trend for the past years. As the airspace is limited, efforts to better manage the total number of flights ... -
Evaluation of a cross-border electricity interconnection: The case of Spain-France
[EN]This paper focuses on the economics of a cross-border transmission interconnector. The domestic spot electricity price is modelled as a stochastic process with mean reversion and jumps; it also includes a deterministic ... -
Evaluation of two alternative carbon capture and storage technologies
Abadie, Luis María; Lucas, Josu; Galarraga, Ibon (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2013-05-16)* Carbon dioxide capture and storage (CCS) is one of the technologies for fighting climate change in the future. The use of CO2 for enhanced oil recovery (EOR) paired with storage in deep saline formations (DSF) could ... -
Evaluation of Two Alternative Carbon Capture and Storage Technologies: A Stochastic Model
Abadie, Luis María; Galarraga, Ibon; Rübbelke, Dirk (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2013-03-03)In this paper we evaluate two alternative CCS technologies of a coal-fired power plant from an investor’s point of view. The first technology uses CO2 for enhanced oil recovery (EOR) paired with storage in deep saline ... -
Income risk of EU coal-fired power plants after Kyoto
Coal-fired power plants may enjoy a significant advantage relative to gas plants in terms of cheaper fuel cost. Still, this advantage may erode or even turn into disadvantage depending on CO2 emission allowance price. This ... -
Long Term Dynamics in CO2 Allowance Prices and Carbon Capture Investments
In this paper we analyse the behaviour of the EU market for CO2 emission allowances; specifically, we focus on the contracts maturing in the Kyoto Protocol's second period of application (2008 to 2012). We calibrate the ... -
Monte Carlo Valuation of natural gas investments
This paper deals with the valuation of energy assets related to natural gas. In particular, we evaluate a baseload Natural Gas Combined Cycle (NGCC) power plant and an ancillary instalation, namely a Liquefied Natural Gas ... -
Nola aurre egin itsas garraioak eragindako klima-aldaketari? Estrategia berriak
Goicoechea Larracoechea, Nestor; Eguiraun Martínez, Harkaitz; Galarraga, Ibon; Solaberrieta Méndez, Eneko; Abadie, Luis María (Servicio Editorial de la Universidad del País Vasco/Euskal Herriko Unibertsitatearen Argitalpen Zerbitzua, 2020)Currently maritime transport is growing due to globalization and economic growth, and it transports approximately the 90% of the world’s goods. World maritime transport fleet is increasing in amount and in size of vessels ... -
Old Wind Farm Life Extension vs. Full Repowering: A Review of Economic Issues and a Stochastic Application for Spain
Abadie, Luis María; Goicoechea Larracoechea, Nestor (MDPI, 2021-06-20)The installation of wind power technology is growing steadily and the trend can be expected to continue if the objectives proposed by the European Commission are to be achieved. In some countries a considerable percentage ... -
On flexible hydropower and security of supply: Spain beyond 2020
Abadie, Luis María; Chamorro, J.M.; Huclin, S.; Ven D., J.V.D. (Elsevier, 2020)Generation adequacy is a key ingredient to security of electricity supply (SoS). Some national plans envisage a future decrease in the number of coal-fired stations and an increase in renewable installed capacity. This ... -
Optimal Abandonment of Coal-Fired Stations in the EU
Abadie, Luis María; González-Eguino, Mikel; Chamorro, Jose Manuel (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2010-05-26)Carbon-fired power plants could face some difficulties in a carbon-constrained world. The traditional advantage of coal as a cheaper fuel may decrease in the future if CO2 allowance prices start to increase. This paper ...