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. …

In zonal electricity markets, such as Europe's, system operators relieve congested power lines within bidding zones …

European electricity markets are geographically organized in zones, which often resemble countries. Overload of power … lines within zones have to be relieved through other means than the electricity market, e.g. so-called “redispatching” of …