Publikasjoner og ansvarsområder
Norway as a Battery for the Future European Power System—Impacts on the Hydropower System
Future power production in Europe is expected to include large shares of variable wind and solar power production. Norway, with approximately half of the hydropower reservoir capacity in Europe, can contribute to balance the variability. The aim of this paper is to assess how such a role may impact ...
Assessing hydropower operational profitability considering energy and reserve markets
The authors analyse the operational profitability of a hydropower system selling both energy and reserve capacity in a competitive market setting. A mathematical model based on stochastic dynamic programming is used to compute the water values for the system considering different power plant configu...
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 ...