This project aims to assess the impact of policies supporting hydropower and other renewable energies (RES) in Switzerland considering the changes in the neighbouring energy markets. Therefore, the price effect of changes in the market design and support schemes of neighbouring countries will be analysed. Based on this the profitability of hydropower and the value of RES will be analysed to determine the required support for these technologies.

Zimmermann, F., Densing, M., Keles, D., Dehler, J., Hack, F., Fichtner, W. (2019). Impact of different market designs in the CWE market area on electricity prices and on the competitiveness of Swiss hydropower (PowerDesign). KIT/PSI. Report for the SFOE (Swiss Federal Office of Energy). Link: ARAMIS Research database

Densing, M. (2018). Explicit solutions of stochastic energy storage problems, 29th European Conference on Operational Research (EURO2018), Valencia, Spain, 8-11 July 2018

Densing, M. (2017). Modeling of electricity markets and hydropower dispatch, SCCER - Supply of Electricity Annual Conference, Birmensdorf, Switzerland, 14-15 September 2017, Download Presentation

Keles, D., Densing, M., Panos, E., Hack, F., Joris, D. (2020). Cross-border Effects in Interconnected Electricity Markets - An Analysis of the Swiss Electricity Prices, Energy Economics, in press, 2020.

Densing, M. (2019). The value of flexible selling: Power production with storage for spinning reserve provision. European Journal of Operational Research,  DOI: 0.1016/j.ejor.2019.08.012.

Densing, M. (2013). Price-Driven Hydropower Dispatch Under Uncertainty In Kovacevic, R.; Pflug, G. & Vespucci, M. T. (ed.), Chapter 4, Risk Management in Energy Production and Trading, pp. 73-98, DOI: 10.1007/978-1-4614-9035-7_4

Densing, M. (2013). Dispatch Planning using Newsvendor Dual Problems and Occupation Times: Application to Hydropower, European Journal of Operational Research, Vol. 228, pp. 321-330, DOI: 10.1016/j.ejor.2013.01.033