SOVN Model Implementation : method, functionality and details

Abstract

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, and does not rely on aggregation of the hydropower system. It is suitable for both operational planning and expansion planning studies. This report documents the theoretical foundation, implementation and functionality available in the SOVN model at the end of the project