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 … developments dominate changes in water fees and that for the profitability of hydropower, electricity prices are more important … this pressure and support hydropower companies during times when market revenues are low. However, this comes at the cost …