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Marte Fodstad

Research Scientist

Marte Fodstad

Research Scientist

Marte Fodstad
Phone: 926 16 498
Mobile: 926 16 498
Department: Energy Systems
Office: Trondheim

publications and responsibilities

Publications

Publication

Optimizing day-ahead bid curves in hydropower production

http://www.sintef.no/en/publications/publication/?pubid=CRIStin+1454798

In deregulated electricity markets, hydropower producers must bid their production into the day-ahead market. For price-taking producers, it is optimal to offer energy according to marginal costs, which for hydropower are determined by the opportunity cost of using water that could have been stored ...

Authors Aasgård Ellen Krohn Naversen Christian Øyn Fodstad Marte Skjelbred Hans Ivar
Year 2017
Type Journal article
Publication

Value of multi-market trading for a hydropower producer

http://www.sintef.no/en/publications/publication/?pubid=CRIStin+1482595

We present a case study for a price-taking hydropower producer trading in the three short-term energy markets, day-ahead, intra-day and the balancing market. The study uses a scheduling software with a detailed representation of a real Norwegian power plant optimizing the operations and trade for hi...

Year 2017
Type Conference paper/Book chapter
Publication

Water values in future power markets

http://www.sintef.no/en/publications/publication/?pubid=CRIStin+1489911

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...

Year 2017
Type Conference paper/Book chapter
Publication

Optimal medium-term hydropower scheduling considering energy and reserve capacity markets

http://www.sintef.no/en/publications/publication/?pubid=CRIStin+1309706

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 ...

Year 2016
Type Journal article
Publication

Stochastic Modeling of Natural Gas Infrastructure Development in Europe under Demand Uncertainty

http://www.sintef.no/en/publications/publication/?pubid=CRIStin+1378754

We present an analysis of the optimal development of natural gas infrastructure in Europe based on the scenario studies of Holz and von Hirschhausen (2013). We use a stochastic mixed integer quadratic model to analyze the impact of uncertainty about future natural gas consumption in Europe on optima...

Year 2016
Type Journal article
Publication

Modeling start/stop in short-term multi-market hydropower scheduling

http://www.sintef.no/en/publications/publication/?pubid=CRIStin+1379761

We present a hydropower scheduling model for coordinated trade in the day-ahead and balancing market with alternative ways to represent generator start/stop decisions. A case study on a branch of a Norwegian water course is conducted, with analysis going in two directions: how does the start/stop fe...

Year 2016
Type Conference paper/Book chapter
Publication

Profitability of a Hydro Power Producer Bidding in Multiple Power Markets

http://www.sintef.no/en/publications/publication/?pubid=CRIStin+1331931

The production scheduling of a hydro power producer exposed to the day-ahead, balancing and capacity market is examined to find what profit the producer may achieve by strategically bid in the above mentioned markets. Optimizing the bidding in multiple markets is expected to be increasingly importan...

Authors Rasmussen Caroline Hansen Jakob Boye Korpås Magnus Fodstad Marte
Year 2016
Type Journal article
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