@article { ,
	title = {A Study on Feasibility of the Distributed Battery Energy Storage Systems in Spanish Retail Electricity Market},
	editor = {F.-Javier Heredia},
	year = {2016},
	month = {16/09/2016},
	type = {MSc Thesis},
	address = {Escola Tècnica Superior d'Enginyeria Industrial de Barcelona (ETSEIB)},
	abstract = {The main focus of this master thesis project is to evaluate the economic, technical and regulatory feasibility of distributed battery energy storage systems (BESS) and the potential opportunity of electricity companies to increase their prots through advanced operation in energy services, such as electric energy time-shift, ancillary or electric vehicle incentives in Spanish electricity market. To assess the feasibility, an optimization tool has been developed. This tool simulates energy trading between different market participants with particular features extracted from data analysis and literature. Load consumption proles had been developed from smart meter real data by applying several data mining techniques. This part had been guided by external collaborating entity Minsait. Electricity market analysis includes the overview of its functionality principles and regulatory side regarding storage adaptation and specific service applicability. Market historical prices were used for further electricity trading simulation. A brief technical insight explains current storage situation and tells about high-potential technologies in emerging markets. Benchmark analysis covers several products of battery manufacturers with relevant technical and price information. Spanish electricity market showed low adaptability to distributed BESS solutions: energy arbitrage incomes have resulted being insuficient. Ancillary services, despite promising economic gures, are to a large extent prohibited to be provided by distributed storage. Electric vehicle incentives, though, resulted being of a high interest due to absence of direct investment.},
	keywords = {teaching; BEES; battery energy storage systems; electrical vehicle; smart meters; retail energy market; MSc Thesis},
	author = {Maksims Sisovs}
}

