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 finding is that both storage utilization and...

We analyze the optimal investment strategy of a monopolist which has subscribed a concession contract to provide a public utility, i.e. water service. We present a strategic model in which a monopolist chooses both the timing of the investment and the capacity. We focus not only on the value of...

In view of the increasing competition for water, there is a risk that particularly the rural poor will increasingly face difficulties in meeting their water needs for domestic and productive purposes. Based on a questionnaire survey carried out during 2008 in Con Cuong district, Nghe An...

Normative ideals for 'good water management' have proliferated the last twenty years. However, evidence of effective implementation is scarce. This paper analyzes cases from India, the Mekong and Denmark where attempts have been made to translate water management ideals into practice. The...

The Dutch drinking water sector experienced two drastic changes over the last 10 years. Firstly, in 1997, the sector association started with a voluntary benchmarking aimed to increase the efficiency and effectiveness of the sector. Secondly, merger activity arose. This paper develops a tailored...

Water markets with market power are analysed as multi-market Cournot competition in which the river structure constrains access to local markets and limited resources impose capacity constraints. Conditions for uniqueness are identified. Lerner indices are larger under binding resource...

Bei einer stärkeren Marktöffnung in der Wasserversorgung sind eine Reihe von Besonderheiten zu beachten. Stehen diese dem Wettbewerb durch gemeinsame Netznutzung entgegen oder kann die Entscheidung über die erzielbare Wettbewerbs- . intensität dem Markt überlassen bleiben?