dc.contributor.author | Kongelf, Håkon | |
dc.contributor.author | Overrein, Kristoffer | |
dc.contributor.author | Klæboe, Gro | |
dc.contributor.author | Fleten, Stein-Erik | |
dc.date.accessioned | 2019-02-08T14:44:20Z | |
dc.date.available | 2019-02-08T14:44:20Z | |
dc.date.created | 2018-11-09T18:45:14Z | |
dc.date.issued | 2018 | |
dc.identifier.issn | 1868-3967 | |
dc.identifier.uri | http://hdl.handle.net/11250/2584648 | |
dc.description.abstract | 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 investigate the effect of the production portfolio size on gains. We formulate a coordinated planning problem for a hydropower producer using stochastic mixed-integer programming. A comprehensive scenario-generation methodology is proposed. An extensive case study of the current Nordic market is carried out. Under the current Nordic market conditions, we found that gains from coordinating bids are very moderate, just below 1% in total profits for one watercourse, and about 0.5% for two and three watercourses. Gains from coordinated bidding decline with portfolio size, but only to a certain degree, because the gains seem to stabilise at a certain level. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | Springer | nb_NO |
dc.title | Portfolio size’s effects on gains from coordinated bidding in electricity markets | nb_NO |
dc.title.alternative | Portfolio size’s effects on gains from coordinated bidding in electricity markets | nb_NO |
dc.type | Journal article | nb_NO |
dc.type | Peer reviewed | nb_NO |
dc.description.version | acceptedVersion | nb_NO |
dc.source.journal | Energy Systems, Springer Verlag | nb_NO |
dc.identifier.doi | https://dx.doi.org/10.1007/s12667-018-0294-8 | |
dc.identifier.cristin | 1628871 | |
dc.relation.project | Norges forskningsråd: 245284 | nb_NO |
dc.description.localcode | This is a post-peer-review, pre-copyedit version of an article published in Energy Systems. Locked until 12.06.2019 due to copyright restrictions. The final authenticated version is available online at: https://doi.org/10.1007/s12667-018-0294-8 | nb_NO |
cristin.unitcode | 194,60,25,0 | |
cristin.unitname | Institutt for industriell økonomi og teknologiledelse | |
cristin.ispublished | true | |
cristin.fulltext | postprint | |
cristin.qualitycode | 1 | |