Policy changes and the dynamics of capacity expansion in the Swiss electricity market

Details

Serval ID
serval:BIB_898173CE5454
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Policy changes and the dynamics of capacity expansion in the Swiss electricity market
Journal
Energy Policy
Author(s)
van Ackere A., Ochoa P.
ISSN
0301-4215
Publication state
Published
Issued date
05/2009
Peer-reviewed
Oui
Volume
37
Number
5
Pages
1983-1998
Language
english
Abstract
Capacity of supply is a crucial matter in electricity markets as it directly influences reliability of supply, price volatility and blackout risk. In this paper, we analyse the dynamics of capacity expansion in the Swiss electricity market and the impact of different policies such as nuclear phaseout and management of electricity exchanges - imports and exports - policies. This article develops the conceptualization model presented in [Ochoa, P., 2007b. Policy changes in the Swiss electricity market: a system dynamics analysis of likely market responses. Socio-Economic Planning Sciences 41 (4):336-349.]. We build a system dynamics model based on the dynamics of capacity expansion explained in the latter paper and present and analyse different scenarios. We conclude that international electricity exchanges are important for the Swiss market as they help to lower costs and to increase the income of the utility companies; however, we illustrate the need for explicit policies for managing imports and exports of electricity to avoid import dependence from neighbouring countries.
Keywords
Electricity markets policy, Capacity expansion, Emergent liberalisation
Web of science
Create date
02/06/2009 14:06
Last modification date
21/08/2019 6:15
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