If a wind power producer must pay the costs of imbalances, the question arises of what is the optimal bid, given the market rules and the statistical properties of the wind forecasts and the imbalance prices. In this paper the authors derive optimal wind power bids for two sets of market rules, reflecting previous and new rules in the Nordic power system.more
This investigation aims to perform a probabilistic prediction of the lifetime of epoxy resin insulation of transformer windings.more
How can an electricity market simulation game contribute to a better understanding of the short and long-term dynamics of electricity markets?more
In pursuit of grasping transitions in LNG markets, the authors present a simulation model combining Agent-Based and Equation based features.more
This paper contributes to the debate on managing global projects by illustrating that cultural differences are not completely fixed and static but can be constructed and used as a strategic source to gain specific goals connected to specific power constellations in a global project setting.more
The purpose of this paper is to reflect upon the role of intervention-oriented scientists in the process of organisation development. The paper seeks to contribute to the growing interest in design studies for organisation development and argues that a focus on reflexivity is missing in current debate. The aim of the paper to develop critical reflexiveness for organization design studies by introducing the ethnoventionist approach.more
This paper concentrates on timing of ancillary service markets for power reserves as a decisive and widely overlooked variable in design of balancing services markets.more
This research proposes that a systems perspective, which allows the collective analysis of the social and technical components, can give a richer insight into the interactions present in the energy system, and such richer insight will help in encouraging the diffusion of alternative fuels.more
In this paper, the authors will demonstrate how an agent-based model can be used to evaluate the dynamic behavior of a multi-plant enterprise particularly during abnormal situations. Using this model, different mechanisms for coping with abnormality - centralized and decentralized - are also modeled and compared.more