The Profitability of Energy Storage in European Electricity Markets
نویسندگان
چکیده
In this work, we study the profitability of energy storage operated in German electricity day-ahead market during 2006–2016. We build a linear optimization model which maximizes profits from arbitraging hourly prices and use outputs further econometric analyses. Among others find that wind generation drives cycles whereas solar reduces overall.
منابع مشابه
the role of russia in transmission of energy from central asia and caucuses to european union
پس ازفروپاشی شوروی،رشد منابع نفت و گاز، آسیای میانه و قفقاز را در یک بازی ژئوپلتیکی انرژی قرار داده است. با در نظر گرفتن این منابع هیدروکربنی، این منطقه به یک میدانجنگ و رقابت تجاری برای بازی های ژئوپلتیکی قدرت های بزرگ جهانی تبدیل شده است. روسیه منطقه را به عنوان حیات خلوت خود تلقی نموده و علاقمند به حفظ حضورش می باشد تا همانند گذشته گاز طبیعی را به وسیله خط لوله مرکزی دریافت و به عنوان یک واس...
15 صفحه اولParticipation of an Energy Storage Aggregator in Electricity Markets
An important function of aggregators is to enable the participation of small energy storage units in electricity markets. This paper studies two generally overlooked aspects related to aggregators of energy storage: i) the relationship between the aggregator and its constituent storage units and ii) the aggregator’s effect on system welfare. Regarding i), we show that short-term outcomes can be...
متن کاملSecurity of Supply in European Electricity Markets—Determinants of Investment Decisions and the European Energy Union
The European Union and its Member States are seeking to decarbonize their energy systems, including the electricity sector and, at the same time, pursue market integration. However, renewable energy (RE) deployment and the liberalization of the energy-only market have raised concerns at the national level about the security of electricity supplies in the future. Some actors consider the lack of...
متن کاملDevelopment of Reinforcement Learning Algorithm to Study the Capacity Withholding in Electricity Energy Markets
This paper addresses the possibility of capacity withholding by energy producers, who seek to increase the market price and their own profits. The energy market is simulated as an iterative game, where each state game corresponds to an hourly energy auction with uniform pricing mechanism. The producers are modeled as agents that interact with their environment through reinforcement learning (RL...
متن کاملLogistics performance of European Union markets: Towards the development of entrepreneurship in the transport and storage sector
The markets globalization is one of the factors creating conditions for the development of entrepreneurship. Entrepreneurship does not have one generally accepted definition. Most often, entrepreneurship is perceived as the ability to increase the number of enterprises. Entrepreneurship can be understood as the potential to identify and use development opportunities regardless of own resources....
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Energy Journal
سال: 2021
ISSN: ['0195-6574', '1944-9089']
DOI: https://doi.org/10.5547/01956574.42.5.pspo