Comparing the economic value of lithium-ion battery technologies in the nine wholesale electricity markets in North America

Lithium-ion batteries are becoming critical flexibility assets in future electric power systems. Batteries can arbitrage price differences in wholesale electricity markets to make a profit while at the same time reducing total system operating costs and improving renewable energy integration. Howeve...

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Bibliographic Details
Main Authors: Umar Salman, Sacha Belaish, Zekun Ji, Danyi Huang, Ningkun Zheng, Bolun Xu
Format: Article
Language:English
Published: Tsinghua University Press 2022-09-01
Series:iEnergy
Subjects:
Online Access:https://www.sciopen.com/article/10.23919/IEN.2022.0044