PowerVision Model Presented at Energy Transition Week 2025

As part of the Energy Transition Week 2025 in Trondheim, Norway, the PowerVision model, developed under the PowerDig project, was presented at the workshop on Energy Vision Scenarios. The session highlighted forward-looking approaches to modeling the Norwegian power market, with special focus on short-term market dynamics.

Mette Helene Bjørndal (Norwegian School of Economics) and Wouter Koks (Norwegian University of Science and Technology) jointly presented the PowerVision model, which is designed to simulate the short-term wholesale electricity market in Norway. The model structure encompasses the full operational chain, including the Day-Ahead (DA) market, intraday trading (both continuous and auction-based segments), as well as real-time balancing and redispatch mechanisms.

The presentation provided a comprehensive overview of the methodology underpinning the model. This included the integration of market-clearing algorithms, gate closure constraints, and operational flexibility mechanisms. Furthermore, results from the model simulations were shared with the audience, demonstrating its accuracy and practical applicability in capturing real-world market behavior under various scenarios.

The event offered a valuable platform for academic and industry stakeholders to engage with the latest tools for energy system analysis and contribute to the ongoing dialogue on Norway’s energy transition.