Technical and economical aspects of wholesale electricity markets: An international comparison and main contributions for improvements in Brazil

L Ribeiro, A Street, D Valladão, AC Freire… - Electric Power Systems …, 2023 - Elsevier
The Brazilian power-market design features were based on the system's physical and
economic characteristics in the'90s. However, some of the approximations and assumptions …

Co-movements between forward prices and resource availability in hydro-dominated electricity markets

A Kleiven, S Risanger, SE Fleten - Energy Systems, 2023 - Springer
Hydropower producers estimate the opportunity value of their water, known as a water
value, by comparing current prices to future opportunities. When hydropower dominates the …

A stochastic policy algorithm for seasonal hydropower planning

HS Grini, AS Danielsen, SE Fleten, A Kleiven - Energy Systems, 2023 - Springer
Hydropower producers need to plan several months or years ahead to estimate the
opportunity value of water stored in their reservoirs. The resulting large-scale optimization …

Dynamic hedging for the real option management of hydropower production with exchange rate risks

J Dimoski, SE Fleten, N Löhndorf, S Nersten - OR Spectrum, 2023 - Springer
We study the risk management problem of a hydropower producer that hedges risk by
trading currency and power futures contracts. The model considers three types of risks …

Production scheduling and investment in pumped-storage hydropower under uncertainty

FM Arnstad, TB Karud, NAB Lyså - 2023 - ntnuopen.ntnu.no
I en fremtid med høy andel fornybar elektrisitet vil et magasinbasert vannkraftverk med
pumpefunksjon være etterspurt for å kunne levere mot-syklisk kraft. I denne oppgaven …

Long-Term Extrapolation of Electricity Forward Curves-A Novel Approach Utilizing Forecasts and Risk Premia

LK Falch, EA Rolstad - 2022 - ntnuopen.ntnu.no
Vi ekstrapolerer forward kurven basert på langsiktige spotprisprognoser og en antakelse om
at risikopremien konvergerer i modningsdimensjonen. Hypotesen om en konvergerende …