We present a bottom-up electricity market model for Switzerland called Swissmod. It includes a detailed electricity … interdependence of hydraulically coupled hydropower plants into account. In addition, the Swiss electricity network is represented … using the DC load ow approach, allowing for spatial market evaluations. The model is developed as a deterministic …

common-price benchmark, an increase in total capacity, and convergence toward the welfare optimum. -- Electricity …We propose a price-cap mechanism for electricity-transmission expansion based on redefining transmission output in … investment pattern that relieves congestion, increases welfare, augments the Transco´s profits, and induces convergence of prices …