Hydropower Production Profiles: Impacts on Capacity Structure, Emissions, and Windfall Profits

Table 2

Summarization of the strategies behind different hydropower scenarios.

Scenario	Strategy
Baseline scenario	Water reserve is divided most evenly in all 8760 hours.
Scenario 1	Allocate hydropower so that the baseload power will be the driver of market price in as many hours as possible.
Scenario 2	Allocates more water reserve to the peaker hours than to the lowload demand hours.
Scenario 3	Combination of the strategies of Scenarios 1 and 2.
Scenario 4	Allocate clearly more hydropower to the peaker hours than in the other scenarios and at the same time keep peaker power as the market price diver in as many hours as possible.