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. 

Click here to sign up for the network meeting! 

The deadline for signing up is Wednesday 6th September.  




Program item

12:00-12:10 Arrival and coffee 
12:10-12:35 Welcome and introduction – Ane Torvanger Brunvoll (NVE) and Anders Kringstad (Statnett)  

Session 1:  

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)

Session 2:  

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) 


Session 3  

Group work  

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 

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.