On the economic value and price-responsiveness of ramp-constrained storage

The primary concerns of this paper are twofold: understanding the value of storage in the presence of ramp constraints and exogenous energy prices, and understanding the implications of the associated optimal storage management policy for qualitative and quantitative characteristics of storage respo...

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Bibliographic Details
Main Authors: Faghih, Ali, Roozbehani, Mardavij, Dahleh, Munther A.
Other Authors: MIT Institute for Data, Systems, and Society
Format: Article
Language:en_US
Published: Elsevier 2016
Online Access:http://hdl.handle.net/1721.1/102163
https://orcid.org/0000-0002-1470-2148