Stage 8.1 Monitor climate impacts on the energy sector
Who's Involved
- Energy sector managers, guided by Assignment Management Team
Timing and time required
- On an ongoing basis
- As part of routine operations
Key questions
- Are climate-related risks to the energy sector acceptable?
- Are critical climate-related thresholds being approached?
- Does monitoring indicate that the risks are changing over time?
Tools
- Risk Register
- Monitoring methods
Guidance
- For risks where the decision has been taken not to implement adaptation measures (see Stage 6.1), SMART (Specific, Measurable, Attainable, Relevant, Time-bound) indicators should be developed and monitored, linking energy sector performance to climatic factors. The risk assessment (Stage 3) will help in deciding which indicators are most important to monitor.
- The purpose of monitoring is to develop better understanding of the effects of climatic factors on energy sector performance, so as to be able to detect when climate-related success criteria are threatened by changing climate conditions and therefore when adaptation measures will be needed.
- Where implementation of adaptation measures requires a long planning time horizon, it is important that sufficient time is available to implement measures.
- For instance, planning and delivery of a new reservoir to provide additional water storage capacity for a hydropower plant can be a lengthy process, taking many years.
- Based on the monitoring, the Risk Register should be reviewed and updated as required.
Outputs
- SMART targets
- Updated Risk Register
Albania