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We present a bottom-up electricity market model for Switzerland called Swissmod. It includes a detailed electricity … interdependence of hydraulically coupled hydropower plants into account. In addition, the Swiss electricity network is represented … surrounding European electricity markets. The aim of this paper is to outline the model and calibrate it to 2012 data. …
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The diffusion of renewable electricity generating technologies is widely considered as crucial for establishing a … sustainable energy system in the future. However, the required transition is unlikely to be achieved by market forces alone. For … costs among all electricity consumers. This paper presents a novel history-friendly agent-based study aiming to explore the …
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The European electricity market design is based on zonal markets with uniform prices. Locational price signals within … distortions of the electricity market, both in the short- and in the long-term.In this paper, we study these distortions with a … and investment model of the European electricity system and gradually restrict the allowed expansion of the transmission …
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