Kosch, Mirjam; Betz, Regina Annette; Geissmann, Thomas; … - In: Swiss Journal of Economics and Statistics 157 (2021) 1, pp. 1-17
Low electricity prices put economic pressure on hydropower companies. A more flexible water fee design can counteract this pressure and support hydropower companies during times when market revenues are low. However, this comes at the cost of lower revenues for resource owners. Using a sample of...