EPRI | Energy Systems and Climate Analysis

Climate Impacts, Resiliency, and Risks

Climate Risk Assessment | Climate Physical Risks | Social Cost of Carbon

Climate Risk Assessment

EPRI Reports

Delavane Diaz and Laura Fischer, 2023. READi Insights: The Fifth National Climate Assessment - Key Insights and Connections to Climate READi. EPRI, Palo Alto, CA. # 3002028667
EPRI, 2022. Grounding Climate Risk Decisions: Physical Climate Risk Assessment Scientific Foundation and Guidance for Companies. EPRI, Palo Alto, CA. # 3002024246
Rose, S., 2022. Technical Considerations for Climate-Related Risk Disclosure Rules. EPRI, Palo Alto, CA. # 3002024244
EPRI, 2022. EPRI Public Comments on the SEC’s Proposed Climate Risk Disclosure Rule: The Enhancement and Standardization of Climate-Related Disclosures for Investors. EPRI, Palo Alto, CA. # 3002025101
Erik Smith and Delavane Diaz, 2022. An Approach to Synthetic Future Climate Hourly Profiles for Power System Modeling, EPRI, Palo Alto, CA.
Steve Rose and Delavane Diaz, 2021. IPCC’s 2021 Climate Science Assessment Report: High-Level Technical Summary and Perspectives, EPRI, Palo Alto, CA. # 3002023094
Delavane Diaz, 2021. Review of Current Physical Climate Change Assessment Guidance for Electric Power Companies, EPRI, Palo Alto, CA. # 3002019987
EPRI, 2020. EPRI Comments on Moody's "Proposed framework to assess carbon transition risks for electric power companies” EPRI, Palo Alto, CA: 2020. #3002020282
Steve Rose and Morgan Scott, 2020. Review of 1.5°C and Other Newer Global Emissions Scenarios: Insights for Company and Financial Climate Low-Carbon Transition Risk Assessment and Greenhouse Gas Goal Setting. EPRI, Palo Alto, CA. # 3002018053
Steve Rose and Morgan Scott, 2018. Grounding Decisions: A Scientific Foundation for Companies Considering Global Climate Scenarios and Greenhouse Gas Goals, EPRI, Palo Alto, CA. # 3002014510
Steve Rose, 2018. Managing Climate Damages: Exploring Trade-Offs, EPRI, Palo Alto, CA. # 3002009659

Climate Physical Risks

EPRI Reports

Erik Smith, Steven Rose, Felicia Chiang, Delavane Diaz, and Laura Fischer, 2023. Developing Local Climate Change Information: Steps and Illustrative Analysis. EPRI, Palo Alto, CA. # 3002026639
Erik Smith, et al., 2023. READi Insights: Approaches to Future Hourly Time Series for Climate-Resilient Power System Planning. EPRI, Palo Alto, CA. # 3002028572
Erik Smith, et al., 2023. READi Insights: Impacts of the El Niño-Southern Oscillation on Hurricanes and Summer Temperature. EPRI, Palo Alto, CA. # 3002027922
Erik Smith, et al., 2023. READi Insights: Unpacking Climatological and Power System Operating Extremes. EPRI, Palo Alto, CA. # 3002026298
Jonathan Lala, et al., 2023. READi Insights: Types of Climate Data and Potential Applications within the Electric Power Sector. EPRI, Palo Alto, CA. # 3002026296
Jonathan Lala, et al., 2023. Climate 101: Physical Climate Data. EPRI, Palo Alto, CA. # 3002026223
Erik Smith, 2023. READi Insights: Extreme Winter Weather Challenges for the Power System. EPRI, Palo Alto, CA. # 3002027393
Andrea Staid et al., 2023. Climate-Informed Planning and Adaptation for Power Sector Resilience. EPRI, Palo Alto, CA. # 3002026317
Jonathan Lala and Delavane Diaz, 2022. A Review of Climate Impacts and Adaptation Measures for the Electric Power Sector, EPRI, Palo Alto, CA. # 3002024488
Laura Fischer and Delavane Diaz, 2022. READi Insights: Extreme Heat Events and Impacts to the Electric System. EPRI, Palo Alto, CA. # 3002025522
Laura Fischer, Heidi Scarth and Erik Smith, 2022. Quick Insights: Extreme Weather Considerations for Resource Adequacy, EPRI, Palo Alto, CA. # 3002023371
Erik Smith and Shailee Desai, 2022. Evaluation of Flood Risk Tools, Models, and Services for Physical Climate Risk Assessments. EPRI, Palo Alto, CA. # 3002022769
EPRI, 2021. LADWP Climate Assessment and Transmission Resilience Analysis: Highlights, EPRI, Palo Alto, CA. # 3002023326
Erik Smith and Delavane Diaz, 2021. Historical Trends and Projected Changes in U.S. Wind and Solar Resources. EPRI, Palo Alto, CA # 3002020619
Erik Smith, Heidi Scarth and Delavane Diaz, 2021. Quick Insights Extreme Cold Events, Changing Climate Threats, and Power System Infrastructure Resiliency. EPRI, Palo Alto, CA # 3002022454
Delavane Diaz and Geoff Blanford, 2021. Temperature Impacts on Electricity Demand: US-REGEN Load Projections for Climate Resilience EPRI, Palo Alto, CA # 3002020013

To learn more about EPRI's work on the Social Cost of Greenhouse Gases, please visit this site

Publications and Presentations

Rose, S, 2022. Putting science first in creating and using the social cost of carbon, The Hill, November 18, thehill.com.
Rose, S, D Diaz, T Carleton, L Drouet, C Guivarch, A Méjean, F Piontek, 2022. Estimating Global Economic Impacts from Climate Change. In Climate Change 2022: Climate Impacts, Adaptation, and Vulnerability. Contribution of Working Group II to the Sixth Assessment Report of the IPCC, Chapter 16 (Key Risks Across Sectors and Regions).
Guivarch, C, S Rose, A Al Khourdajie, V Bosetti, E Byers, K Calvin, T Carleton, D Diaz, L Drouet, M Grubb, T Hasegawa, AC Köberle, E Kriegler, D McCollum, A Méjean, B O’Neill, F Piontek, J Steinberger, M Tavoni, 2022. Economic benefits from avoided climate impacts along long-term mitigation pathways. In Climate Change 2022: Mitigation of Climate Change. Contribution of Working Group III to the Sixth Assessment Report of the IPCC, Chapter 3 (Mitigation Pathways Compatible with Long-Term Goals).
Bistline and Rose, 2018. Social Cost of Carbon Pricing of Power Sector CO₂: Accounting for Leakage and Other Social Implications from Subnational Policies, Environmental Research Letters 13 014027.
Huppmann, D, E Kriegler, V Krey, K Riahi, J Rogelj, SK Rose, J Weyant, et al., 2018. IAMC 1.5°C Scenario Explorer and Data hosted by IIASA. Integrated Assessment Modeling Consortium & International Institute for Applied Systems Analysis. doi: 10.22022/SR15/08-2018.15429.
Cropper, ML, RG Newell, M Allen, M Auffhammer, CE Forest, IY Fung, JK Hammitt, HD Jacoby, RE Kopp, W Pizer, SK Rose, R Schmalensee, JP Weyant, 2017. Valuing Climate Damages: Updating Estimation of the Social Cost of Carbon Dioxide. National Academies of Sciences, Engineering, and Medicine, Committee on Assessing Approaches to Updating the Social Cost of Carbon. Washington, DC: National Academies Press.
Rose, SK, DB Diaz, GJ Blanford, 2017. Understanding the Social Cost of Carbon: A Model Diagnostic and Inter-Comparison Study, Climate Change Economics 8 (2).
Diaz, Delavane and F Moore, 2017. Quantifying the Economic Risks of Climate Change. Nature Climate Change, 7(11): 1-9.
Rose, SK, 2017. Carbon Pricing and the Social Cost of Carbon. EPRI, Palo Alto, CA. #3002011391.
Rose, S.K., 2017. Managing Climate Damages: Exploring Trade-Offs. EPRI, Palo Alto, CA: 2017. Updated March 2018. #3002009659.

EPRI Reports

Steve Rose, 2023. EPRI Technical Public Comments on U.S. EPA's Draft New Social Costs of Carbon and Other Greenhouse Gases Estimation Methodology and Use of Estimates in EPA's Proposed Oil and Gas Methane Rule. EPRI, Palo Alto, CA. #3002026256
Steve Rose, 2023. EPRI Public Comments on U.S. EPA's Social Costs of Carbon and Other Greenhouse Gases Draft New Methodology Peer Review Process and Candidates. EPRI, Palo Alto, CA. #3002026087
EPRI, 2022. EPRI Public Comments on Federal Acquisition Regulation ANOPR: Minimizing the Risk of Climate Change in Federal Acquisitions. #3002023465.
Hytowitz, RB, E Ela, S Rose, T Wilson, 2021. What does carbon pricing mean for electricity markets?EPRI, Palo Alto, CA. #3002021815.
EPRI, 2021a. EPRI public comments on the Biden Administration "interim" SC-GHG estimates and technical document. EPRI, Palo Alto, CA.
EPRI 2021. Overview of U.S. Government Estimates of the Social Cost of Carbon and Other Greenhouse Gases. EPRI, Palo Alto, CA.
EPRI 2021. Scientific Challenges in Social Cost of Greenhouse Gas Estimation and Use
EPRI 2021. Repairing the Social Cost of Carbon: Immediate Steps for Scientifically Reliable Estimates and Use. #3002020523.
EPRI 2020. EPRI Comments on Moody's "Proposed framework to assess carbon transition risks for electric power companies” EPRI, Palo Alto, CA: 2020. #3002020282
EPRI 2020. EPRI Public Comments on New York State Department of Environmental Conservation's Proposal "Establishing a Value of Carbon: Guidelines for Use by State Agencies." EPRI, Palo Alto, CA: 2020. #3002020249.
Rose and Scott, 2020. Review of 1.5˚C and Other Newer Global Emissions Scenarios: Insights for Company and Financial Climate Low-Carbon Transition Risk Assessment and Greenhouse Gas Goal Setting. EPRI, Palo Alto, CA. #3002018053.
Rose, SK, 2017.Carbon Pricing and the Social Cost of Carbon. EPRI, Palo Alto, CA. #3002011391.
Rose, S.K., 2017. Managing Climate Damages: Exploring Trade-Offs. EPRI, Palo Alto, CA: 2017. Updated March 2018. #3002009659.