dc.contributor.author | Fodstad, Marte | |
dc.contributor.author | Aarlott, Mats Mathisen | |
dc.contributor.author | Midthun, Kjetil Trovik | |
dc.date.accessioned | 2019-02-21T12:12:48Z | |
dc.date.available | 2019-02-21T12:12:48Z | |
dc.date.created | 2018-01-03T08:38:26Z | |
dc.date.issued | 2018 | |
dc.identifier.citation | Energies. 2018, 11 (1), 1-15. | nb_NO |
dc.identifier.issn | 1996-1073 | |
dc.identifier.uri | http://hdl.handle.net/11250/2586766 | |
dc.description.abstract | 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 trades in the day-ahead, intra-day and balancing markets. The model is used on real market data from Norway, Sweden and Germany. The study shows a theoretical potential for added value when selling energy in multiple markets relative to optimal day-ahead sale. Most of this value is achievable also when the perfect foresight is limited to the period from day-ahead bidding until operation. Flexible production plants achieve the largest relative added values for multi-market sales, and has the largest benefit from a long horizon with perfect foresight. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.rights | Navngivelse 4.0 Internasjonal | * |
dc.rights.uri | http://creativecommons.org/licenses/by/4.0/deed.no | * |
dc.title | Value-Creation Potential from Multi-Market Trading for a Hydropower Producer | nb_NO |
dc.type | Journal article | nb_NO |
dc.type | Peer reviewed | nb_NO |
dc.description.version | publishedVersion | nb_NO |
dc.source.pagenumber | 1-15 | nb_NO |
dc.source.volume | 11 | nb_NO |
dc.source.journal | Energies | nb_NO |
dc.source.issue | 1 | nb_NO |
dc.identifier.doi | 10.3390/en11010016 | |
dc.identifier.cristin | 1534273 | |
dc.relation.project | Norges forskningsråd: 243964 | nb_NO |
cristin.unitcode | 7548,50,0,0 | |
cristin.unitcode | 7401,60,20,0 | |
cristin.unitname | Energisystemer | |
cristin.unitname | Anvendt økonomi | |
cristin.ispublished | true | |
cristin.fulltext | original | |
cristin.qualitycode | 1 | |