Economic analysis of the investments in battery energy storage systems: Review and current perspectives

P Rotella Junior, LCS Rocha, SN Morioka, I Bolis… - Energies, 2021 - mdpi.com
Sources such as solar and wind energy are intermittent, and this is seen as a barrier to their
wide utilization. The increasing grid integration of intermittent renewable energy sources …

Economic and regulatory uncertainty in renewable energy system design: A review

À Alonso-Travesset, D Coppitters, H Martín, J de la Hoz - Energies, 2023 - mdpi.com
Renewable energy is increasingly mobilizing more investment around the globe. However,
there has been little attention to evaluating economic and regulatory (E&R) uncertainties …

Potential utilization of battery energy storage systems (BESS) in the major European electricity markets

Y Hu, M Armada, MJ Sánchez - Applied Energy, 2022 - Elsevier
Given the declining cost of battery technology in the last decade, nowadays the application
of Battery Energy Storage Systems (BESS) becomes a more attractive solution in electrical …

Economic viability of battery energy storage and grid strategy: A special case of China electricity market

B Lin, W Wu - Energy, 2017 - Elsevier
Battery energy storage (BES) plays an important role in the integration of intermittent
renewable power and distributed generation. The price arbitrage is a major source of energy …

[HTML][HTML] Impact of the splitting of the German–Austrian electricity bidding zone on investment in a grid-scale battery energy storage system deployed for price arbitrage …

A Hurta, M Žilka, F Freiberg - Energy Reports, 2022 - Elsevier
The splitting of the German–Austrian electricity bidding zone in October 2018 established
limits for cross-border exchanges of power between Germany and Austria, which led to the …

Stochastic valuation of energy storage in wholesale power markets

N Yu, B Foggo - Energy Economics, 2017 - Elsevier
Energy storage systems are well poised to mitigate uncertainties of renewable generation
outputs. Grid-scale energy storage projects are major investments which call for rigorous …

[HTML][HTML] Optimal investment timing and sizing for battery energy storage systems

JJ Kelly, PG Leahy - Journal of Energy Storage, 2020 - Elsevier
Due to electricity market deregulation over the past two decades, the responsibility for new
generation is with private investors who seek profit maximisation. Battery Energy Storage …

An option game model applicable to multi-agent cooperation investment in energy storage projects

M Zhang, J Nie, B Su, L Liu - Energy Economics, 2024 - Elsevier
This paper proposes an option game model that is applicable to multi-agent cooperation
investment in energy storage projects. A power grid enterprise and power generation …

Valuation of investments in energy aggregator and storage systems by compound options

F Penizzotto, R Pringles, G Coria, F Olsina - Energy, 2024 - Elsevier
The emergence of smart grids has fostered new participants in the electricity market with
innovative business models. Among these new market agents, aggregator systems play a …

[HTML][HTML] Valuing the option to prototype: A case study with Generation Integrated Energy Storage

CS Lai, G Locatelli - Energy, 2021 - Elsevier
New energy generation and storage systems are continuously being developed due to
climate change, resource scarcity, and environmental laws. Some systems are incremental …