Rental strategy for energy storage to participate in frequency regulation market

Abstract Energy storage (ES) can help the renewable energy sources to smooth their output and enhance their profits, which promotes the installation of ES. However, it is inappropriate for small‐scale renewable energy communities (REC) to invest costly ES, which requests a new business model to expl...

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Bibliographic Details
Main Authors: Xiaorong Wang, Yundong Yu, Xiaohe Yan, Nian Liu
Format: Article
Language:English
Published: Wiley 2023-02-01
Series:IET Smart Grid
Online Access:https://doi.org/10.1049/stg2.12079