deregulation of the swiss electricity industry implication for hydropower sector massimo filippini silvia banfi cornelia luchsinger cepe working paper nr 13 april 2002 eth zentrum wec ch 8092 zürich www ethz content i 1 introduction 2 market structure regulation 7 3 law eml 8 4 cost 10 dataset 11 actual 12 variable costs and output level capital 14 5 comparison production with expected prices 16 conclusion 18 abstract ii although switzerland is not a eu member country in december 1999 parliament adopted new laid foundations reforming by moving from to population will vote on this issue september if accepted process be phased gradually during transitional period seven years describes shows how federal leads different frameworks
