Marte Fodstad
Research Scientist
Marte Fodstad
Research Scientist

Publications and responsibilities
Quality of open data sets for intermittent energy production from the Nordic countries
MultiSharm
The Portfolio Perspective in Electricity Generation and Market Operations
Market Power in Hydro-Thermal Systems with Marginal Cost Bidding
Generating water value functions with a stochastic short-term model
The Portfolio Perspective in Electricity Generation and Market Operations
Selecting portfolios of electricity production assets, energy sources and market participation strategies facilitates usage and management of complementary resources. It helps also power producers to address uncertainties and to balance profit contributions, costs and risks. Therefore, portfolios sh...
Market Power in Hydro-Thermal Systems with Marginal Cost Bidding
Traditionally, electricity markets have been designed with the intention of disabling producer side market power or prohibiting exercising it. Nonetheless it can be assumed that players participating in pool markets and aiming to maximize their individual benefits might depart from the optimum in te...
Optimal Hydropower Maintenance Scheduling in Liberalized Markets
Maintenance scheduling is an important and complex task in hydropower systems. In a liberalized market, the generation company will schedule maintenance periods to maximize the expected profit. This paper describes a method for hydropower maintenance scheduling suitable for a profit maximizing, pric...
Value-Creation Potential from Multi-Market Trading for a Hydropower Producer
We study a hydropower producer’s potential for value-creation from multi-market trading given the price variations in the markets and the flexibility provided through access to hydro reservoirs. We use a perfect foresight optimization model for a price-taking hydropower producer co-optimizing his tr...