Economic analysis of battery electric storage systems operating in electricity markets

Other authors

Universitat Politècnica de Catalunya. Departament d'Estadística i Investigació Operativa

Universitat Politècnica de Catalunya. GNOM - Grup d'Optimització Numèrica i Modelització

Publication date

2015

Abstract

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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.


Peer Reviewed


Postprint (author's final draft)

Document Type

Conference report

Language

English

Publisher

Institute of Electrical and Electronics Engineers (IEEE)

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http://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=7216739

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Rights

Open Access

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E-prints [72986]