• Internal hydro- and wind portfolio optimisation in real-time market operations 

      Riddervold, Hans Ole; Aasgård, Ellen Krohn; Haukaas, Lisa; Korpås, Magnus (Peer reviewed; Journal article, 2021)
      In this paper aspects related to handling of intraday imbalances for hydro and wind power are addressed. The definition of imbalance cost is established and used to describe the potential benefits of shifting from ...
    • Optimal Pricing of Production Changes in Cascaded River Systems with Limited Storage 

      Riddervold, Hans Ole; Skjelbred, Hans Ivar; Kong, Jiehong; Elvetun, Ole Løseth; Korpås, Magnus (Chapter, 2019)
      Optimization of hydroelectric power production is often executed for river systems consisting of several powerplants and reservoirs located in the same region. For hydropower stations located along the same river, the ...
    • Rolling Horizon Simulator for Evaluation of Bidding Strategies for Reservoir Hydro 

      Riddervold, Hans Ole; Aasgård, Ellen Krohn; Skjelbred, Hans Ivar; Naversen, Christian Øyn; Korpås, Magnus (Chapter, 2019)
      In this paper, a practical approach for benchmarking different bidding strategies towards the day-ahead market has been evaluated. A rolling horizon simulation framework is developed and closely integrated in the daily ...
    • A supervised learning approach for optimal selection of bidding strategies in reservoir hydro 

      Riddervold, Hans Ole; Riemer-Sørensen, Signe; Szederjesi, Peter; Korpås, Magnus (Peer reviewed; Journal article, 2020)
      Power producers use a wide range of decision support systems to manage and plan for sales in the day-ahead electricity market. The available tools have advantages and disadvantages and the operators are often faced with ...