Is Economic Feasibility of BESS Energy Price Arbitrage Jurisdiction Dependent | IEEE Conference Publication | IEEE Xplore

Is Economic Feasibility of BESS Energy Price Arbitrage Jurisdiction Dependent


Abstract:

Energy storage systems can be employed in power grids to gain benefits on both economical and technical sides. In this paper, the profit of energy arbitrage for an energy...Show More

Abstract:

Energy storage systems can be employed in power grids to gain benefits on both economical and technical sides. In this paper, the profit of energy arbitrage for an energy storage battery system with PV is optimized. The study compares the net profit of energy arbitrage for an existing battery system in three different energy markets. The results demonstrate that economic feasibility of energy arbitrage is market dependent based on spot price variation and local regulations.
Date of Conference: 05-08 August 2018
Date Added to IEEE Xplore: 24 January 2019
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Conference Location: Windsor, ON, Canada

References

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