the Nordic countries; hydropower, conventional thermal, nuclear power, combined heat and power based on oil, coal and …

also in the long-run equilibrium where capacities are endogenous. In such an equilibrium the hydropower monopoly will get a …

The key question in hydropower production is the time pattern of the use of the water in the reservoir. The water used … to produce electricity today can alternatively be used tomorrow. The analysis of the operation of hydropower is therefore … essentially a dynamic one. The paper introduces some basic models for social allocation of stored water over discrete time periods …

An important conclusion from the literature on hydropower is that if there are no other constraints than the available … water reservoirs for a year, and operating costs are ignored, the competitive (and socially optimal) outcome is … hydropower being non-concave. This non-concavity can be caused by short-run capacity limits either on exports and imports of …

This paper explores water pricing policy in Tegucigalpa, the capital of Honduras, in a political economy perspective. I … argue that current water prices are too low and significantly below long-run marginal cost, and demonstrate that water … that low water prices has a number of adverse allocational and distributional consequences. I then go on to discuss various …