This paper analyses the Norwegian Power System through a sequence of models that represents dynamics of the wholesale power market, distribution power network, end-users, and a coordination scheme between Transmission System Operators (TSOs) and Distribution System Operators (DSOs). The models...

Liberalisation, climate policy and promotion of renewable energy are challenges to players of the electricity sector in many countries. Policy makers have to consider issues like market power, bounded rationality of players and the appearance of fluctuating energy sources in order to provide...