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Cross-border effects in interconnected electricity markets - an analysis of the Swiss electricity prices

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  • Keles, Dogan
  • Dehler-Holland, Joris
  • Densing, Martin
  • Panos, Evangelos
  • Hack, Felix
Abstract
Electricity markets in Europe become increasingly interconnected due to new grid connections and market coupling regulations. This paper examines the interdependencies between the Swiss electricity market and those of neighbouring countries. The Swiss market serves as a good example for a smaller electricity market which is increasingly affected by developments in the large neighbouring countries. To study these cross-border effects, especially those on Swiss electricity prices, we apply two different methodologies, an econometric and a Nash-Cournot equilibrium model.

Suggested Citation

  • Keles, Dogan & Dehler-Holland, Joris & Densing, Martin & Panos, Evangelos & Hack, Felix, 2020. "Cross-border effects in interconnected electricity markets - an analysis of the Swiss electricity prices," Energy Economics, Elsevier, vol. 90(C).
    • Handle: RePEc:eee:eneeco:v:90:y:2020:i:c:s0140988320301420
    DOI: 10.1016/j.eneco.2020.104802
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    Cited by:

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    3. Zimmermann, Florian & Keles, Dogan, 2022. "State or market: Investments in new nuclear power plants in France and their domestic and cross-border effects," Working Paper Series in Production and Energy 64, Karlsruhe Institute of Technology (KIT), Institute for Industrial Production (IIP).
    4. Macedo, Daniela Pereira & Marques, António Cardoso & Damette, Olivier, 2021. "The Merit-Order Effect on the Swedish bidding zone with the highest electricity flow in the Elspot market," Energy Economics, Elsevier, vol. 102(C).
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    6. Tselika, Kyriaki, 2022. "The impact of variable renewables on the distribution of hourly electricity prices and their variability: A panel approach," Energy Economics, Elsevier, vol. 113(C).
    7. Ma, Rufei & Liu, Zhenhua & Zhai, Pengxiang, 2022. "Does economic policy uncertainty drive volatility spillovers in electricity markets: Time and frequency evidence," Energy Economics, Elsevier, vol. 107(C).
    8. Macedo, Daniela Pereira & Marques, António Cardoso & Damette, Olivier, 2022. "The role of electricity flows and renewable electricity production in the behaviour of electricity prices in Spain," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 885-900.
    9. Mercier, Thomas & Olivier, Mathieu & De Jaeger, Emmanuel, 2023. "The value of electricity storage arbitrage on day-ahead markets across Europe," Energy Economics, Elsevier, vol. 123(C).
    10. Luis María Abadie & José Manuel Chamorro, 2024. "On the Dynamics of Spot Power Prices across Western Europe in Pandemic Times," Energies, MDPI, vol. 17(14), pages 1-24, July.
    11. Gökgöz, Fazıl & Yücel, Öykü, 2024. "Merit-order of dispatchable and variable renewable energy sources in Turkey's day-ahead electricity market," Utilities Policy, Elsevier, vol. 88(C).

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