Economic analysis of battery electric storage systems operating in electricity markets
Document typeConference report
PublisherInstitute of Electrical and Electronics Engineers (IEEE)
Rights accessOpen Access
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.