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 … surrounding European electricity markets. The aim of this paper is to outline the model and calibrate it to 2012 data. …

In an electricity system, demand and supply have to be balanced in real time. Since most energy is traded before real … supply even if power plants deviate from their schedules, the system operator procures balancing capacity and energy in …-dominated electricity system using Switzerland as a case study. By using a short-term hydropower operation model and a set of Swiss …

The interdependence of electricity and natural gas is becoming a major energy policy and regulatory issue in all … jurisdictions around the world. The increased role of gas fired plants in renewable-based electricity markets and the dependence on … gas imports make this issue particular striking for the European energy market. In this paper we provide a comprehensive …

The electricity sector plays a key role in achieving zero-emission targets. The required transition will lead to … substantial changes in the supply, demand, and distribution of electricity but also in stakeholder roles. Future market designs … paper reviews the characteristics of future carbon-neutral electricity systems and electricity market design options. To …

The interdependence of electricity and natural gas is becoming a major energy policy and regulatory issue in all … jurisdictions around the world. The increased role of gas fired plants in renewable-based electricity markets and the dependence on … gas imports make this issue particular striking for the European energy market. In this paper we provide a comprehensive …

We propose a price-cap mechanism for electricity-transmission expansion based on redefining transmission output in … common-price benchmark, an increase in total capacity, and convergence toward the welfare optimum. -- Electricity …

Electricity transmission has become the pivotal industry segment for electricity restructuring. Yet, little is known …-world transmission expansion. -- Electricity transmission ; cost function ; incentive regulation ; merchant investment ; congestion …