An assessment of European electricity arbitrage using storage systems
نویسندگان
چکیده
Electricity arbitrage involves the storage of energy at times when prices are low, and offering it on markets high. The development renewable technologies may provide a promising business opportunity for electricity arbitrage. In this regard, study analyses current viability (via Li-Ion batteries) using sample European countries in year 2019; where (day-ahead market) financial conditions show certain degree heterogeneity. We basically follow sequence three our study. Firstly, Linear Mixed-Integrated Programming model has been developed to optimize strategy each country sample. Secondly, cash-flows from optimization model, we calculate two indicators (Net Present Value (NPV) Internal Rate Return) order select optimal inverter size country. Tax discount rates specific have used with calculation second rate following methodology proposed by most national agencies. Thirdly, mixed linear regression is investigate importance observed unobserved heterogeneity (at level) explaining profitability. findings that, near future, attractive should be United Kingdom Ireland, NPV close −400,000 €, while Spain Portugal might worst performances, their −800,000 €.
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Publisher's copyright statement: NOTICE: this is the author's version of a work that was accepted for publication in International Journal of Critical Infrastructure Protection. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be re ected in this document. Changes may have been made to t...
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ژورنال
عنوان ژورنال: Energy
سال: 2022
ISSN: ['1873-6785', '0360-5442']
DOI: https://doi.org/10.1016/j.energy.2021.122916