Over the past decade Switzerland has invested significantly in pumped storage plants (PSP). They aim to exploit arbitrage opportunities by pumping water from a lower reservoir to an upper reservoir to store electricity in the form of hydraulic potential energy when prices are low and generating...

Energy transitions towards green energy are taking place worldwide, motivated by climate change concerns. As the most used renewable technologies (i.e., wind, solar and hydro) have an unpredictable output, managing this variability is challenging. This paper uses a system dynamics approach to...