dc.contributor.author | Jafari Aminabadi, Aminabadi | |
dc.contributor.author | Séguin, S. | |
dc.contributor.author | Fofana, I. | |
dc.contributor.author | Fleten, Stein-Erik | |
dc.contributor.author | Aasgård, Ellen Krohn | |
dc.date.accessioned | 2024-01-16T09:39:54Z | |
dc.date.available | 2024-01-16T09:39:54Z | |
dc.date.created | 2023-09-09T20:46:13Z | |
dc.date.issued | 2023 | |
dc.identifier.citation | Energy Systems, Springer Verlag. 2023, . | en_US |
dc.identifier.issn | 1868-3967 | |
dc.identifier.uri | https://hdl.handle.net/11250/3111710 | |
dc.description.abstract | Hydropower producers participate in electricity markets by providing bids in market auctions, typically day-ahead. Making good bids that obey all market rules and consider uncertain prices for large, interconnected hydropower watercourses is challenging. This investigation aims to find bidding strategies that attend to the market aspects and all constraints relevant to short-term hydropower production. We present a stochastic mixed-integer nonlinear model and a nonlinear heuristic method for the bidding optimization problem and show a comparison of the model’s performance in two case studies. The comparison of the two models shows that their results are close and that the heuristic method can reach the optimal solution after a few iterations. The numerical experiments are also compared with results from the Short-term Hydro Optimization Program (SHOP), which is a piece of software used for operational planning in the Nordic electricity market. | en_US |
dc.language.iso | eng | en_US |
dc.publisher | Springer | en_US |
dc.title | Short-term hydropower optimization in the day-ahead market using a nonlinear stochastic programming model | en_US |
dc.title.alternative | Short-term hydropower optimization in the day-ahead market using a nonlinear stochastic programming model | en_US |
dc.type | Peer reviewed | en_US |
dc.type | Journal article | en_US |
dc.description.version | publishedVersion | en_US |
dc.source.pagenumber | 0 | en_US |
dc.source.journal | Energy Systems, Springer Verlag | en_US |
dc.identifier.doi | 10.1007/s12667-023-00618-8 | |
dc.identifier.cristin | 2173733 | |
dc.relation.project | Norges forskningsråd: 257588 | en_US |
cristin.ispublished | true | |
cristin.fulltext | original | |
cristin.qualitycode | 1 | |