The electricity price arbitrage from the utility grid can be a major source of revenue for energy storage systems. In … most countries, the electricity price is tightly regulated by their government statutory authority or energy regulator to …, such as Pumped Hydro Storage systems (PHS) using ground water, are economically viable in such a given electricity market …

and monopoly hydropower allocation solutions are presented. Market power utilization potential for hydropower is reduced … utilization exists. Compared to thermal power systems, wind value factors are high as efficiently allocated hydropower buffers … hydropower widens as wind market share increases …