Economic analysis of battery electric storage systems operating in electricity markets

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dc.contributor	Universitat Politècnica de Catalunya. Departament d'Estadística i Investigació Operativa
dc.contributor	Universitat Politècnica de Catalunya. GNOM - Grup d'Optimització Numèrica i Modelització
dc.contributor.author	Heredia, F.-Javier (Francisco Javier)
dc.contributor.author	Riera, Jordi
dc.contributor.author	Mata, Montserrat
dc.contributor.author	Escuer, Joan
dc.contributor.author	Romeu, Jordi
dc.date	2015
dc.identifier.citation	Heredia, 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.citation	978-1-4673-6691-5
dc.identifier.citation	10.1109/EEM.2015.7216739
dc.identifier.uri	http://hdl.handle.net/2117/82524
dc.language.iso	eng
dc.publisher	Institute of Electrical and Electronics Engineers (IEEE)
dc.relation	http://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=7216739
dc.rights	info:eu-repo/semantics/openAccess
dc.subject	Àrees temàtiques de la UPC::Matemàtiques i estadística::Investigació operativa::Optimització
dc.subject	battery energy storage systems
dc.subject	electricity markets
dc.subject	mathematical optimization
dc.subject	SAS/OR
dc.subject	wind power plants
dc.title	Economic analysis of battery electric storage systems operating in electricity markets
dc.type	info:eu-repo/semantics/submittedVersion
dc.type	info:eu-repo/semantics/conferenceObject
dc.description.abstract	© 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.abstract	Battery 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.description.abstract	Peer Reviewed

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