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Prosumer bidding and scheduling in electricity markets

By Forsetlund, Henriette Næss 3. March 2016

Stig Ødegaard Ottesen, Head of R&D in eSmart Systems, recently got accepted for publication an article in the international research journal Energy.


The title of the article is “Prosumer bidding and scheduling in electricity markets” and is about how a smart grid aggregator should take optimal bidding decisions when trading in day-ahead markets and further how to operate flexible energy appliances.

The main part of the article is the mathematical formulation of the decision problems, also taking into consideration the fact that some information (like prices and loads) is not known with certainty at the decision time. It also contains a case study based on data from Norske Skog Saugbrugs and the municipality of Hvaler. Co-authors are Asgeir Tomasgard and Stein-Erik Fleten, both professors at NTNU, Department of Industrial Economics and Technology Management.

Download and read the article here

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Forsetlund, Henriette Næss's photo

By: Forsetlund, Henriette Næss

Henriette Næss Forsetlund holds a M.Sc. Degree in Media, Communication and Information Technology from the Norwegian University for Science and Technology (NTNU) and the University of California, Berkeley. Henriette was eSmart Systems' Marketing and Communications Manager from 2014 - 2021. She has formerly worked in Smart Innovation Norway and Borg Innovation with responsibilities related to internal and external communications.

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eSmart Systems provides AI driven software solutions to the energy industry and service providers. Their cloud born platform is designed to handle and exploit IoT, Big Data and Analytics in real time. The company is based on more than 20 years of international experience in establishing and operating knowledge based, leading IT and energy related companies targeting global markets.


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