Optimal Time to Invest Energy Storage System under Uncertainty Conditions
This paper proposes a model to determine the optimal investment time for energy storage systems (ESSs) in a price arbitrage trade application under conditions of uncertainty over future profits. The adoption of ESSs can generate profits from price arbitrage trade, which are uncertain because the fut...
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| Format: | Article |
| Language: | English |
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MDPI AG
2014-04-01
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| Series: | Energies |
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| Online Access: | http://www.mdpi.com/1996-1073/7/4/2701 |