Use of battery storage systems for price arbitrage operations in the 15-and 60-min German intraday markets

• Tipo: Artigo em Revista Científica Internacional
• Data: 2018-07

Autores

João Tomé Saraiva (Autor) FEUP; Dennis Metz (Autor) Outra

Revista

Título: Electric Power Systems Research

Vol. 160

Páginas: 27-36

ISSN: 0378-7796

Editora: Elsevier

Indexação

ISI Proceedings

ISI Web of Knowledge - 13 Citações

ISI Web of Science

Scopus - 26 Citações

INSPEC

Classificação Científica

CORDIS: Ciências Tecnológicas > Engenharia > Engenharia electrotécnica

FOS: Ciências da engenharia e tecnologias > Engenharia electrotécnica, electrónica e informática

Outras Informações

ID Authenticus: P-00N-KYR

DOI: 10.1016/j.epsr.2018.01.020

Abstract (EN): Over the last few years, electrical storage and especially battery systems have seen a strong rise in interest. In several countries, as for instance in Germany, lithium-ion batteries are now commonly deployed in end-consumer installations to shift local generation from photovoltaic systems in time. A further application for storage is price arbitrage, which corresponds to an operation strategy benefitting from price differentials. In this work, we describe a Mixed Integer Problem to optimize the storage dispatch considering both the 15- and the 60-min auctions in use in Germany. Furthermore, in addition to the calendric lifetime, the limitation to a certain number of cycles is considered in the evaluation. Last, it was conducted a sensitivity analysis to identify the price volatility level that is required to generate a profit from arbitrage operations. Therefore, a market price process with adjustable parameters has been implemented.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 10