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Background
Ongoing integration of continental European
system and traditionally and physically less
integrated (island) systems such as Great
Britain into the Nordic system adds several
additional factors to be considered. Strong focus
has to be put on stability and sustainability of
the system, especially considering that services
to reach that goal differ vastly throughout the
different countries.
Those ancillary services are the current topic
of the ongoing research in this PhD project.
The current questions consist of – how do the
different services interact; what potential and
risk exists for prospective
future services; how do
market participants realize
their goals through offering or
calling such services?
Methods
The pool of methods includes a range of
modellingconcepts fromthefieldsof (stochastic)
optimization and economic analysis, such as
scheduling models, game theory, agent based
simulation, etc.
Current topics are:
- development of a river run aggregation
algorithm
- pricing of inertial response as an ancillary
service
- balancing market arbitrage through
hydropower
PHD THESIS
Department of Electric
Power Engineering
2015-2019
Multi Market Short
Term Bidding of
Hydropower
Supervisor:
Magnus Korpås
Co-supervisor:
Marte Fodstad
Markus Löschenbrand
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