The European electricity system enters the winter of 2022-2023 facing challenges such as reduced availability of French nuclear power, lower than average stored hydro energy and possible gas shortages in the power industry. These challenges limit the amount of energy available to the system...

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...

Trotz schrittweiser Erfolge bei der Liberalisierung der europäischen Elektrizitätsmärkte lässt die Wettbewerbsintensität auf den Großhandelsmärkten in vielen Ländern noch zu wünschen übrig. Dementsprechend sind die Preise im Verhältnis zum wettbewerblichen Referenzmaßstab zu hoch....

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...

We present a bottom-up electricity market model for Switzerland called Swissmod. It includes a detailed electricity network and hydropower representation. Swissmod captures the features and restrictions of run-of-river, yearly storage and pumped-storage power plants and combines this with a...

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...

We present a bottom-up electricity market model for Switzerland called Swissmod.It includes a detailed electricity network and hydropower representation. Swissmodcaptures the features and restrictions of run-of-river, yearly storage and pumped-storage power plants and combines this with a...

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 liberalization of European wholesale electricity markets has made some progress, but much is left to be desired. Wholesale prices are still relatively high, when compared with the competitive benchmark. In this paper, we argue that an active competition policy is required to establish...