Publikasjoner og ansvarsområder
Assessing hydropower operational profitability considering energy and reserve markets
Water values in future power markets
In this paper we elaborate on how a hydropower producer's expected marginal value of water (water value) is affected when considering both sales of energy and reserve capacity in a liberalized market setting. We derive analytical expressions for the water value in this market context, and verify the...
Demand response with shiftable volume in an equilibrium model of the power system
Verdien av vannkraft skal dobles
SOVN Model Implementation : method, functionality and details
The SOVN project ("Stokastisk optimaliseringsmodell for Norden med individuelle vannverdier og nettrestriksjoner") aimed at creating a new fundamental hydro-thermal market model with detailed representation of the hydropower system. The model is based on a combination of optimization and simulation,...
Effects of Increased Wind Power Generation on Mid-Norway’s Energy Balance under Climate Change: A Market Based Approach
Thanks to its huge water storage capacity, Norway has an excess of energy generation at annual scale, although significant regional disparity exists. On average, the Mid-Norway region has an energy deficit and needs to import more electricity than it exports. We show that this energy deficit can be ...
Using climate response functions in analysing electricity production variables. A case study from Mid-Norway.
Hydropower Scheduling Considering Energy and Reserve Capacity Markets : Using a combined SDP/SDDP algorithm
Hydro-thermal market model based on price decoupling and local supply/demand curves
This paper describes a new approach for optimization and simulation of hydro-thermal systems. The approach mimics how the market is operated and utilizes the same tools as the market players. One of the major complexities in hydrothermal optimization models are caused by the number of hydro storages...