@proceedings { ,
	title = {Economic analysis of battery electric storage systems operating in electricity markets},
	year = {2015},
	month = {19/05/2015},
	pages = {1- 5},
	publisher = {IEEE},
	address = {Lisbone, Portugal.},
	abstract = {Battery electric storage systems (BESS) in the range of 1-10 MWh is a key technology allowing a more efficient
operation of small electricity market producer. The aim of this work is to assess the economic viability of Li-ion based BESS
systems for small electricity producers. The results of the ex-post economic analysis performed with real data from the Iberian Electricity Market shows the economic viability of a Li-ion based BESS thanks to the optimal operation in day-ahead and ancillary electricity markets.},
	keywords = {virtual power plants; energy economy; battery energy storage systems; electricity markets; SAS/OR; wind power; research; paper},
	ISBN = {978-1-4673-6692-2/15},
	URL = {http://dx.doi.org/10.1109/EEM.2015.7216739},
	author = {F.-Javier Heredia and Jordi Riera and Montserrat Mata and Joan Escuer and Jordi Romeu}
}

