We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an … imperfect market setting. We apply the model to Germany and examine different cases of strategic and non-strategic pumped hydro … storage operation. We find that introducing storage generally smoothes conventional generation patterns and market prices and …

In zonal electricity markets, such as Europe's, system operators relieve congested power lines within bidding zones … using out-of-market measures. One such measure is "redispatching" power plants, i.e. increasing the output of one power … through voluntary markets. In this paper, we introduce a simple graphical model of a zonal spot market with a locational …

We study the strategic utilization of storage in imperfect electricity markets. We apply a game-theoretic Cournot model … to the German power market and analyze different counterfactual and realistic cases of pumped hydro storage. Our main … relevant source of market power. …

Regulators in Belgium and the Netherlands use different mechanisms to mitigate generation market power. In Belgium … of the generation firms and to compare the effects of both systems on the market power of the generators. It shows that …