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...

Electric power and economic development, by B. C. Netschert.--The application of TVA experience to underdeveloped countries, by J. Oliver.--Natural resource problems and TVA, by J. L. Fisher.--The politics of water resource development as exemplified by TVA, by N. Wengert.--Identical pricing and...