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Swissmod - a model of the Swiss electricity market

Author

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  • Schlecht, Ingmar

    (University of Basel)

  • Weigt, Hannes

    (University of Basel)

Abstract

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 pumped-storage power plants and combines this with a network model of the river and water stream system to take the interdependence of hydraulically coupled hydropower plants into account. In addition, the Swiss electricity network is represented using the DC load flow approach, allowing for spatial market evaluations. The model is developed as a deterministic optimization problem in GAMS. It provides an hourly resolution over a one-year horizon with an approximated representation of the surrounding European electricity markets. The aim of this paper is to outline the model and calibrate it to 2012 data.

Suggested Citation

  • Schlecht, Ingmar & Weigt, Hannes, 2014. "Swissmod - a model of the Swiss electricity market," Working papers 2014/04, Faculty of Business and Economics - University of Basel.
    • Handle: RePEc:bsl:wpaper:2014/04
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    References listed on IDEAS

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    1. Nicolas Weidmann & Ramachandran Kannan & Hal Turton, 2012. "Swiss Climate Change and Nuclear Policy: A Comparative Analysis Using an Energy System Approach and a Sectoral Electricity Model," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 275-316, June.
    2. Florian Leuthold & Hannes Weigt & Christian Hirschhausen, 2012. "A Large-Scale Spatial Optimization Model of the European Electricity Market," Networks and Spatial Economics, Springer, vol. 12(1), pages 75-107, March.
    3. Jonas Egerer & Clemens Gerbaulet & Richard Ihlenburg & Friedrich Kunz & Benjamin Reinhard & Christian von Hirschhausen & Alexander Weber & Jens Weibezahn, 2014. "Electricity Sector Data for Policy-Relevant Modeling: Data Documentation and Applications to the German and European Electricity Markets," Data Documentation 72, DIW Berlin, German Institute for Economic Research.
    4. Kannan, Ramachandran & Turton, Hal, 2012. "Cost of ad-hoc nuclear policy uncertainties in the evolution of the Swiss electricity system," Energy Policy, Elsevier, vol. 50(C), pages 391-406.
    5. Adriana Marcucci Bustos & Hal Turton, 2012. "Swiss Energy Strategies under Global Climate Change and Nuclear Policy Uncertainty," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 317-345, June.
    6. Nicole A. Mathys & Philippe Thalmann & Marc Vielle, 2012. "Modelling Contributions to the Swiss Energy and Environmental Challenge," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 97-109, June.
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    Citations

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    Cited by:

    1. Betz, Regina & Geissmann, Thomas & Kosch, Mirjam & Schillinger, Moritz & Weigt, Hannes, 2019. "The Design of Variable Water Fees and its Impact on Swiss Hydropower Companies and Resource Owners," Working papers 2019/12, Faculty of Business and Economics - University of Basel.
    2. Vögelin, Philipp & Georges, Gil & Boulouchos, Konstatinos, 2017. "Design analysis of gas engine combined heat and power plants (CHP) for building and industry heat demand under varying price structures," Energy, Elsevier, vol. 125(C), pages 356-366.
    3. Jonas Egerer, 2016. "Open Source Electricity Model for Germany (ELMOD-DE)," Data Documentation 83, DIW Berlin, German Institute for Economic Research.
    4. Schillinger, Moritz & Weigt, Hannes, 2019. "Bidding into balancing markets in a hydro-dominated electricity system," Working papers 2019/13, Faculty of Business and Economics - University of Basel.
    5. Savvidis, Georgios & Siala, Kais & Weissbart, Christoph & Schmidt, Lukas & Borggrefe, Frieder & Kumar, Subhash & Pittel, Karen & Madlener, Reinhard & Hufendiek, Kai, 2019. "The gap between energy policy challenges and model capabilities," Energy Policy, Elsevier, vol. 125(C), pages 503-520.
    6. Schillinger, Moritz & Weigt, Hannes & Barry, Michael & Schumann, René, 2017. "Hydropower Operation in a Changing Market Environment A Swiss Case Study," Working papers 2017/19, Faculty of Business and Economics - University of Basel.
    7. Martin Rüdisüli & Sinan L. Teske & Urs Elber, 2019. "Impacts of an Increased Substitution of Fossil Energy Carriers with Electricity-Based Technologies on the Swiss Electricity System," Energies, MDPI, vol. 12(12), pages 1-38, June.
    8. Parra, David & Zhang, Xiaojin & Bauer, Christian & Patel, Martin K., 2017. "An integrated techno-economic and life cycle environmental assessment of power-to-gas systems," Applied Energy, Elsevier, vol. 193(C), pages 440-454.
    9. Jonas Savelsberg & Moritz Schillinger & Ingmar Schlecht & Hannes Weigt, 2018. "The Impact of Climate Change on Swiss Hydropower," Sustainability, MDPI, vol. 10(7), pages 1-23, July.
    10. Schillinger, Moritz, 2019. "Balancing Market Design and Opportunity Cost - The Swiss Case," Working papers 2019/14, Faculty of Business and Economics - University of Basel.
    11. Philipp Emanuel Hirsch & Moritz Schillinger & Katharina Appoloni & Patricia Burkhardt-Holm & Hannes Weigt, 2016. "Integrating Economic and Ecological Benchmarking for a Sustainable Development of Hydropower," Sustainability, MDPI, vol. 8(9), pages 1-20, August.
    12. Panos, Evangelos & Kober, Tom & Wokaun, Alexander, 2019. "Long term evaluation of electric storage technologies vs alternative flexibility options for the Swiss energy system," Applied Energy, Elsevier, vol. 252(C), pages 1-1.
    13. Schillinger, Moritz, 2020. "Balancing-market design and opportunity cost: The Swiss case," Utilities Policy, Elsevier, vol. 64(C).
    14. Pattupara, Rajesh & Kannan, Ramachandran, 2016. "Alternative low-carbon electricity pathways in Switzerland and it’s neighbouring countries under a nuclear phase-out scenario," Applied Energy, Elsevier, vol. 172(C), pages 152-168.
    15. Kannan, Ramachandran & Turton, Hal, 2016. "Long term climate change mitigation goals under the nuclear phase out policy: The Swiss energy system transition," Energy Economics, Elsevier, vol. 55(C), pages 211-222.

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    More about this item

    Keywords

    Switzerland ; electricity markets ; power flow ; hydropower ; nodal pricing;
    All these keywords.

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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