• Comparison of Cost Allocation Strategies among Prosumers and Consumers in a Cooperative Game 

      Tveita, Elise; Löschenbrand, Markus; Bjarghov, Sigurd; Farahmand, Hossein (Chapter, 2018)
      As the higher penetration of distributed generation (DG) and electrical energy storage (EES) is emerging, end-users are taking a more active role in the power grid. With an increased amount of DG and EES available, ...
    • Dynamic Electricity Market Games – Modeling Competition under Large-scale Storage 

      Löschenbrand, Markus (Doctoral theses at NTNU;2019:177, Doctoral thesis, 2019)
      Electricity shows similar characteristics to traditional commodity goods which led to the market mechanisms to trade electricity being developed in similar manner to markets for other commodities. Kirchho's laws, however, ...
    • Hydro Power Reservoir Aggregation via Genetic Algorithms 

      Löschenbrand, Markus; Korpås, Magnus (Journal article; Peer reviewed, 2017)
      Electrical power systems with a high share of hydro power in their generation portfolio tend to display distinct behavior. Low generation cost and the possibility of peak shaving create a high amount of flexibility. However, ...
    • Hydro-thermal power market equilibrium with price-making hydropower producers 

      Löschenbrand, Markus; Wei, Wei; Liu, Feng (Journal article; Peer reviewed, 2018)
      This paper formulates an electricity market dominated by price-making hydro-thermal generation. Generation companies optimize their unit commitment, scheduling and bidding decisions simultaneously as a Mixed Integer ...
    • Impact of inertial response requirements on a multi area renewable network 

      Löschenbrand, Markus; Farahmand, Hossein; Korpås, Magnus (Chapter, 2017)
      Developments in renewable integration are continuously changing power system portfolios globally. Higher volatility of the networks might pose a threat to grid stability and thus increase the need for ancillary services. ...
    • Market Power in Hydro-Thermal Systems with Marginal Cost Bidding 

      Löschenbrand, Markus; Korpås, Magnus; Fodstad, Marte (Chapter, 2018)
      Traditionally, electricity markets have been designed with the intention of disabling producer side market power or prohibiting exercising it. Nonetheless it can be assumed that players participating in pool markets and ...
    • Multiple Nash Equilibria in Electricity Markets with price-making Hydrothermal Producers 

      Löschenbrand, Markus; Korpås, Magnus (Journal article; Peer reviewed, 2018)
      This paper proposes a novel approach incorporating scheduling decisions into a multinodal multiperiod Cournot game. Through applying the Nikaido-Isoda function, market clearing is conducted without dual values being required. ...