This thesis investigates the Linear Decision Rule (LDR) approach applied to the bidding problem of a Nordic hydropower producer with reservoir capacity. A stochastic programming model with piecewise LDR in the spot prices is developed. A comprehensive case study with uncertain spot prices conducted for the fall of 2012 shows that the LDR model performs equally well as a scenario based model on expectation, yet with a smaller standard deviation in the profits. The runtime of the LDR model is substantially longer than the runtime of the scenario based model. Therefore, promising techniques to reduce the runtime are developed and presented
Hydropower producers need to schedule when to release water from reservoirs and participate in whole...
Norwegian hydropower producers bid to sell tomorrows power in the day-ahead auction called Elspot, a...
Hydropower producers need to schedule when to release water from reservoirs and participate in whole...
This thesis investigates the Linear Decision Rule (LDR) approach applied to the bidding problem of a...
This paper discusses whether a hydropower producer in the Nordic region should take the Balancing Po...
Hydro power producers are faced with the task of releasing water from the reservoirs in the right ti...
From the point of view of a price-taking hydropower producer participating in the day-ahead power ma...
From the point of view of a price-taking hydropower producer participating in the day-ahead power ma...
The seasonal hydropower planning problem is presented as a robust optimization model using linear de...
AbstractThe seasonal hydropower planning problem is presented as a robust optimization model using l...
In the deregulated Nordic electricity market, power producers bid to sell tomorrow's power in the da...
-In this paper we compare several methods used by hydropower producers for the determination of bids...
Hydropower producers need to schedule when to release water from reservoirs and participate in whole...
With the connection of new regions into the Nordic power markets competition intensifies. The incent...
Hydropower producers need to schedule when to release water from reservoirs and participate in whole...
Hydropower producers need to schedule when to release water from reservoirs and participate in whole...
Norwegian hydropower producers bid to sell tomorrows power in the day-ahead auction called Elspot, a...
Hydropower producers need to schedule when to release water from reservoirs and participate in whole...
This thesis investigates the Linear Decision Rule (LDR) approach applied to the bidding problem of a...
This paper discusses whether a hydropower producer in the Nordic region should take the Balancing Po...
Hydro power producers are faced with the task of releasing water from the reservoirs in the right ti...
From the point of view of a price-taking hydropower producer participating in the day-ahead power ma...
From the point of view of a price-taking hydropower producer participating in the day-ahead power ma...
The seasonal hydropower planning problem is presented as a robust optimization model using linear de...
AbstractThe seasonal hydropower planning problem is presented as a robust optimization model using l...
In the deregulated Nordic electricity market, power producers bid to sell tomorrow's power in the da...
-In this paper we compare several methods used by hydropower producers for the determination of bids...
Hydropower producers need to schedule when to release water from reservoirs and participate in whole...
With the connection of new regions into the Nordic power markets competition intensifies. The incent...
Hydropower producers need to schedule when to release water from reservoirs and participate in whole...
Hydropower producers need to schedule when to release water from reservoirs and participate in whole...
Norwegian hydropower producers bid to sell tomorrows power in the day-ahead auction called Elspot, a...
Hydropower producers need to schedule when to release water from reservoirs and participate in whole...