Profitability of energy arbitrage net profit for grid-scale battery energy storage considering dynamic efficiency and degradation using a linear, mixed-integer linear, and mixed-integer non-linear optimization approach

Grid-scale energy storage is becoming an essential element to effectively support the rapid increased use of renewable energy sources in the power network. The present work proposes a long-term techno-economic profitability analysis considering the net profit stream of a grid-level battery energy st...

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Bibliographic Details

Published in:	Journal of energy storage Vol. 95; p. 112380
Main Authors:	Grimaldi, Alberto, Minuto, Francesco Demetrio, Brouwer, Jacob, Lanzini, Andrea
Format:	Journal Article
Language:	English
Published:	Elsevier Ltd 01.08.2024
Subjects:	Battery degradation Battery lifetime Electricity markets Energy arbitrage Grid-scale battery energy storage MILP optimization Grid-scale battery energy storage Battery degradation Energy arbitrage Battery lifetime Electricity markets MILP optimization
ISSN:	2352-152X
Online Access:	Get full text
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