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Economic analysis of battery electric storage systems operating in electricity markets

dc.contributor.authorHeredia, F.-Javier (Francisco Javier)
dc.contributor.authorRiera, Jordi
dc.contributor.authorMata, Montserrat
dc.contributor.authorEscuer, Joan
dc.contributor.authorRomeu, Jordi
dc.contributor.otherUniversitat Politècnica de Catalunya. Departament d'Estadística i Investigació Operativa
dc.date.accessioned2016-02-03T18:04:17Z
dc.date.available2016-02-03T18:04:17Z
dc.date.issued2015
dc.identifier.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.
dc.identifier.isbn978-1-4673-6691-5
dc.identifier.urihttp://hdl.handle.net/2117/82524
dc.description© 20xx IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.
dc.description.abstractBattery 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.
dc.format.extent5 p.
dc.language.isoeng
dc.publisherInstitute of Electrical and Electronics Engineers (IEEE)
dc.subjectÀrees temàtiques de la UPC::Matemàtiques i estadística::Investigació operativa::Optimització
dc.subject.otherbattery energy storage systems
dc.subject.otherelectricity markets
dc.subject.othermathematical optimization
dc.subject.otherSAS/OR
dc.subject.otherwind power plants
dc.titleEconomic analysis of battery electric storage systems operating in electricity markets
dc.typeConference report
dc.contributor.groupUniversitat Politècnica de Catalunya. GNOM - Grup d'Optimització Numèrica i Modelització
dc.identifier.doi10.1109/EEM.2015.7216739
dc.description.peerreviewedPeer Reviewed
dc.relation.publisherversionhttp://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=7216739
dc.rights.accessOpen Access
local.identifier.drac16845251
dc.description.versionPostprint (author's final draft)
local.citation.authorHeredia, F.; Riera, J.; Mata, M.; Escuer, J.; Romeu, J.
local.citation.contributorInternational Conference on the European Energy Market
local.citation.pubplaceLisboa
local.citation.publicationName2015 12th International Conference on the European Energy Market (EEM)
local.citation.startingPage1
local.citation.endingPage5


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