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dc.contributor.authorFodstad, Marte
dc.contributor.authorKaut, Michal
dc.date.accessioned2020-05-29T08:53:31Z
dc.date.available2020-05-29T08:53:31Z
dc.date.created2019-10-08T08:22:11Z
dc.date.issued2019
dc.identifier.isbn978-82-14-06372-1
dc.identifier.urihttps://hdl.handle.net/11250/2655981
dc.description.abstractThis report describes a study of day-ahead (DA) and intraday (ID) trade for a hydropower producer with a single reservoir and power plant. The study simulates the trade decisions and plant operation in a rolling-horizon setup where DA decisions are reoptimized on a daily basis and ID decisions are reoptimized on an hourly basis. Market prices are given by historic German prices from 2017, while price uncertainty is modelled by sampling from historical price paths using kernel-regression. The study assesses if the producer can gain from participating in the ID market in addition to DA trade. ID trading motivated by suboptimal DA commitments due to bid curve requirements or motivated by short-term production capacity uncertainty (e.g. inflow or outages) are not captured in the study. Main findings are that the change in performance is relatively small when trading in both DA and ID market compared to only DA trade, and whether a gain or a loss is observed depends on the assessment interval. Even though ID trade is only conducted on a short horizon, within day, the end-of-horizon modelling (model horizon and water value description) can significantly affect the performance with ID trade.en_US
dc.language.isoengen_US
dc.publisherSINTEF Energi ASen_US
dc.relation.ispartofSINTEF Rapport
dc.relation.ispartofseriesSINTEF Rapport;2019:01000
dc.rightsNavngivelse-Ikkekommersiell 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by-nc/4.0/deed.no*
dc.subjectHydropoweren_US
dc.subjectPower marketsen_US
dc.subjectBiddingen_US
dc.subjectSchedulingen_US
dc.titleSimulation of multi-market trading : a case studyen_US
dc.typeResearch reporten_US
dc.description.versionpublishedVersionen_US
dc.rights.holderSINTEFen_US
dc.source.pagenumber37en_US
dc.source.issue2019:01000en_US
dc.identifier.cristin1734743
dc.relation.projectNorges forskningsråd: 243964en_US
cristin.unitcode7548,50,0,0
cristin.unitcode7401,80,62,0
cristin.unitnameEnergisystemer
cristin.unitnameBærekraftig energiteknologi
cristin.ispublishedtrue
cristin.fulltextoriginal


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Navngivelse-Ikkekommersiell 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Navngivelse-Ikkekommersiell 4.0 Internasjonal