• Market Power Under Nodal and Zonal Congestion Management Techniques 

      Bjørndal, Endre; Bjørndal, Mette; Rud, Linda; Rahimi Alangi, Somayeh (Discussion paper;14/17, Working paper, 2017-11-07)
      Contrary to the common thought that nodal pricing provides more opportunities for a strategic player to exert market power than the zonal model, we show that in the latter one because of the need for re-dispatch or ...
    • Stochastic Electricity Dispatch: A challenge for market design 

      Bjørndal, Endre; Bjørndal, Mette; Midthun, Kjetil; Tomasgard, Asgeir (Discussion paper;11/16, Working paper, 2016-08-25)
      We consider an electricity market with two sequential market clearings, for instance representing a day-ahead and a real-time market. When the first market is cleared, there is uncertainty with respect to generation and/or ...