Blar i Institutt for industriell økonomi og teknologiledelse på forfatter "Fleten, Stein-Erik"
-
A Novel Semiparametric Structural Model for Electricity Forward Curves
Dietze, Marina; Chavarry, Iago; Freire, Ana Carolina; Valladao, Davi; Street, Alexandre; Fleten, Stein-Erik (Journal article; Peer reviewed, 2022) -
Observed switches and derived profitability indicators for peaking power plants: Northeast U.S. 2001–2009
Fleten, Stein-Erik; Haugom, Erik; Pichler, Alois; Ullrich, Carl J. (Journal article; Peer reviewed, 2019)The data are related to the research article “Structural estimation of switching costs for peaking power plants,” https://doi.org/10.1016/j.ejor.2019.03.031. Fleten et al., 2019 We display the operating status of peaking ... -
Oil price volatility and speculation
Fleten, Stein-Erik; Olimb, Mats; Ødegård, Tore Malo (Chapter, 2010) -
Operation, Valuation and Electricity Sourcing for a Generic Aluminium Smelter
Andresen, Sven Henrik; Aas, Eivind Fossan (Master thesis, 2015)Electricity prices vary across different geographic locations and affect the relative cost position of individual aluminium producers. Understanding the scope of electricity price risk is thus of high importance to industry ... -
Oppvarmingssystemer i bygg - Analyse av nye byggekrav
Egeli, Anders (Master thesis, 2017)Den siste tiden er det kommet endringer i Norges byggtekniske forskrift (TEK10) som åpner for mer bruk av direktevirkende elektrisitet til oppvarming. Med begrepet direktevirkende elektrisitet menes panelovner, stråleovner, ... -
Optimal timing and capacity choice under the rate-of-return renewable energy support
Kozlova, Mariia; Fleten, Stein-Erik; Hagspiel, Verena (Journal article; Peer reviewed, 2020)This article presents a stylized renewable energy (RE) investment project profitability analysis under a rate-of-return RE support type. We use a dynamic programming approach to value the real options. While the method is ... -
Optimization models for the plugging and abandoning of offshore oil and gas fields
Bakker, Steffen Jaap (Doctoral theses at NTNU;2020:324, Doctoral thesis, 2020)This thesis applies operations research methods to planning problems related to the plugging and abandoning of offshore oil and gas wells. We consider two problem settings, for which we develop new models and solution ... -
Optimizing Hybrid Hydro-Solar Power Systems Using Two-Stage Stochastic Programming
Nore, Ivar Borge; Winther, Kristoffer (Master thesis, 2023)Inkluderingen av fornybare energikilder i kraftmiksen har de senere årene fått økt oppmerksomhet på grunn av etterspørselen etter fornybare og bærekraftige energikilder. Hybride kraftsystemer som kombinerer fornybar energi ... -
Order execution in power futures markets for hedging power producers
Dyrkolbotn, Sjur; Hove, Anders; Jørgensen, Carl Fredrik (Master thesis, 2021)På grunn av den endrende likviditet til kraftderivater gjennom kontraktens livsyklus, er effektive strategier for ordreutførelse høyst relevante for strømprodusenter. Det relevante aspektet for en strømprodusent som ønsker ... -
Performing price scenario analysis and stress testing using quantile regression: A case study of the Californian electricity market
Westgaard, Sjur; Fleten, Stein-Erik; Negash, Ahlmahz; Botterud, Audun; Bogaard, Katinka; Verling, Trude Haugsvær (Peer reviewed; Journal article, 2020)This paper uses quantile regression to demonstrate how electricity price distributions are linked to fundamental supply and demand variables. It investigates the California electricity market (zone SP15) for selected trading ... -
Policy Uncertainty and Real Options in Switching of Peak Generators
Fleten, Stein-Erik; Johansen, Marius; Pichler, Alois; Ullrich, Carl J. (Journal article, 2016)This paper examines empirically how economic factors, government policy, and strategic interactions affect manager’s decisions to switch between operating and stand-by states for peaking electric power generators. We model ... -
Portfolio size’s effects on gains from coordinated bidding in electricity markets
Kongelf, Håkon; Overrein, Kristoffer; Klæboe, Gro; Fleten, Stein-Erik (Journal article; Peer reviewed, 2018)This paper considers gains from coordinated bidding strategies in multiple electricity markets. The gain is quantified by comparing profits from coordinated bidding to profits from a purely sequential bidding strategy. We ... -
Production scheduling and investment in pumped-storage hydropower under uncertainty
Arnstad, Fredrik Malt; Karud, Thomas Bruun; Lyså, Nicolai Andreas Bugge (Master thesis, 2023)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 presenterer vi et beslutningsrammeverk for å ... -
Production scheduling and investment in pumped-storage hydropower under uncertainty
Arnstad, Fredrik Malt; Karud, Thomas Bruun; Lyså, Nicolai Andreas Bugge (Master thesis, 2023)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 presenterer vi et beslutningsrammeverk for å ... -
Real Option Analysis of Hydro Turbine Replacements
Backer, Helle; Dalvik, Maria Fjelltun; Herabakka, Sølvi (Master thesis, 2022)I denne masteroppgaven undersøker vi det optimale tidspunktet for en turbinutskifting i et vannkraftverk med to usikkerhetsfaktorer; strømpris og risiko for svikt. Målet vårt er å utvikle en investeringsmodell for en ... -
Real Option Analysis of Hydro Turbine Replacements
Backer, Helle; Dalvik, Maria Fjelltun; Herabakka, Sølvi (Master thesis, 2022)I denne masteroppgaven undersøker vi det optimale tidspunktet for en turbinutskifting i et vannkraftverk med to usikkerhetsfaktorer; strømpris og risiko for svikt. Målet vårt er å utvikle en investeringsmodell for en ... -
Real Option Valuation of Offshore Petroleum Field Tie-ins
Fleten, Stein-Erik; Gunnerud, Vidar; Hem, Øystein Dahl; Svendsen, Alexander (Journal article; Peer reviewed, 2011) -
A real options analysis of existing green energy facilities: maintain or replace?
Dønnestad, Eirik Magnus; Fleten, Stein-Erik; Kleiven, Andreas; Lavrutich, Maria; Teige, Amalie Marie (Journal article; Peer reviewed, 2022)We consider an operator of machinery with deteriorating efficiency, facing the problem of optimally timing of either a minor (maintenance) investment or a major (replacement) investment under price uncertainty. If a ... -
Real options analysis of investment under uncertainty in the future energy system
Nagy, Roel Leonardus Gyula (Doctoral theses at NTNU;2023:163, Doctoral thesis, 2023)This thesis aims to explore the complex interplay between renewable energy investment, uncertainty, and policy risk, with the goal of providing insights that can contribute to the development of more effective investment ... -
Real Options in Small Hydropower Investments: An Empirical Study from Norway
Gravdehaug, Guro; Remmen, Ragnhild (Master thesis, 2011)This empirical study examines investment behavior in small hydropower investments under uncertain electricity prices and revenues from selling so-called green certificates. We assess 73 small hydropower projects granted a ...