Economic analysis of battery electric storage systems operating in electricity markets
Thu, 09/03/2015 - 10:14 — admin
| Publication Type | Proceedings Article |
| Year of Publication | 2015 |
| Authors | F.-Javier Heredia; Jordi Riera; Montserrat Mata; Joan Escuer; Jordi Romeu |
| Conference Name | 12th International Conference on the European Energy Market (EEM15) |
| Pagination | 1- 5 |
| Conference Start Date | 19/05/2015 |
| Publisher | IEEE |
| Conference Location | Lisbone, Portugal. |
| ISBN Number | 978-1-4673-6692-2/15 |
| Key Words | virtual power plants; energy economy; battery energy storage systems; electricity markets; SAS/OR; wind power; research; paper |
| 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. |
| URL | Click Here |
| DOI | 10.1109/EEM.2015.7216739 |
| Preprint | http://hdl.handle.net/2117/82524 |
| Export | Tagged XML BibTex |
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