A government plan was announced to expand the share of renewable energy to 20 percent by 2030 in Korea and to construct additional pumped hydro storage (PHS) to prepare for the uncertainty of renewable generation. However, due to the distortion of the Korean electricity market, pumped storage...

Ocean energy has been acknowledged in the context of the European Energy Union as a fundamental research and development priority to achieve 2050 climate objectives. The European Green Deal included ocean energy in the technologies necessary toward a transition to climate neutrality. The aim of...

"This book presents research on a kind of water use conflicts that is becoming more and more common and important: How to best manage moving water in times of increasing demand for electricity as well as environmental services. How should decisions be made between water use for electricity...

We study firms' strategic interactions when each firm may own multiple production technologies, each with its own marginal cost and capacity. Increasing industry concentration by reallocating non-efficient capacity to the largest and most efficient firm can decrease market prices as it...