Publikasjoner og ansvarsområder
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 ...
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,...
Verdien av vannkraft skal dobles
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...
Assessing hydropower operational profitability considering energy and reserve markets
Optimal medium-term hydropower scheduling considering energy and reserve capacity markets
Print Request Permissions This paper describes a method for optimal scheduling of hydropower systems for a profit maximizing, price-taking, and risk neutral producer selling energy, and capacity to separate and sequentially cleared markets. The method is based on a combination of stochastic dynamic ...
Hydropower Scheduling Considering Energy and Reserve Capacity Markets : Using a combined SDP/SDDP algorithm
Joint optimization of regional water-power systems
Energy and water resources systems are tightly coupled; energy is needed to deliver water and water is needed to extract or produce energy. Growing pressure on these resources has raised concerns about their long-term management and highlights the need to develop integrated solutions. A method for j...
Use of Parallel Processing in Applications for Hydro Power Scheduling – Current Status and Future Challenges
This paper gives an overview of models for hydro power scheduling and market simulation developed at SINTEF Energy Research. All of the models are in operative use by power producers, transmission system operators, consultants and regulators operating in the Nordic power market. Several of the model...