Economic analysis of battery electric storage systems operating in electricity markets

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.

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CitationHeredia, F., Riera, J., Mata, M., Escuer, J., Romeu, J. Economic analysis of battery electric storage systems operating in electricity markets. A: International Conference on the European Energy Market. "2015 12th International Conference on the European Energy Market (EEM)". Lisboa: Institute of Electrical and Electronics Engineers (IEEE), 2015, p. 1-5.

URIhttp://hdl.handle.net/2117/82524

DOI10.1109/EEM.2015.7216739

ISBN978-1-4673-6691-5

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

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