interdependence of hydraulically coupled hydropower plants into account. In addition, the Swiss electricity network is represented …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 …

The electricity generation mix of many European countries is strongly dominated by fossil fuelled power plants. Given … branches, most notably the electricity industry are capped and a system of tradable CO2 emission permits is established …) model is developed, which allows to model investment incentives in the electricity sector. It takes into account major power …

In this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of … strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and …, depending on policy objectives. We also find that the introduction of electricity storage generally increases overall welfare …