The professional network for power market modelling was established spring 2023, with the aim of improving collaboration, share knowledge and develop good practice within power market modelling, and contribute towards an industry standard in a modeling framework. Membership in the network is free of charge and non-binding, and open for professionals across the field of power market modelling.
The overarching topic of the first network meeting is Price volatility in hydro-dominated power systems, with topics of high relevance for those working on modeling of the Nordic power market. The invited speakers are experts in the field of power market modelling from different perspectives.
Time and place
The meeting will take place September 14, 2023 at 12-16 in Oslo. More details will be distributed to the participants after registration.
The deadline for signing up is Wednesday 6th September.
|12:00-12:10||Arrival and coffee|
|12:10-12:35||Welcome and introduction – Ane Torvanger Brunvoll (NVE) and Anders Kringstad (Statnett)|
Challenges with price variation and solutions from a model development perspective
Modelling congestion management and locational prices - Mette Helene Bjørndal (NTRANS/NHH)
Modelling hydropower in JulES - Julien Cabrol (NVE)
Intraday price variations when modeling with individual water values in SDDP - Joachim Dahl Jensen (Statkraft)
|13:30-14:00||Break (with snack)|
Modelling of price variation in practice: trade-offs and choice of method
Increasing price variability without breaking price-inflow correlation - Vegard Kyllingstad (Lyse)
Model simplifications and method selection, examples from the BID model - Geir Brønmo (Afry)
Calculation of water values using machine learning - Gavin Bell (Optimeering)
Discussion in groups
Presentation of group work
Rounding off – Roy Arne Syversrud (Statkraft)
Summary of the day
Practical information about further activities in the network
|16:00-||Mingling at Vesper bar|
After the meeting, you are welcome to join us at Vesper bar and continue the socializing and discussions from 4 pm.
We encourage all participants to take part physically at the meeting venue, but will also facilitate digital participation for members who do not have the opportunity to travel to Oslo. If you have problems participating in the meeting physically, please notify us by sending an e-mail to email@example.com.
We hope to see you at the network meeting!
*Note that the meeting is for members of the professional network. By signing up for the meeting, you therefore also agree to be enrolled in the professional network. If you do not have the opportunity to join the network meeting, but wish to sign up for the network, click here to become a member of the professional network for power market modelling.