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Original paper

Capacity Share Optimization for Multiservice Energy Storage Management Under Portfolio Theory

Volume: 66, Issue: 2, Pages: 1598 - 1607
Published: Mar 22, 2018
Abstract
Energy storage (ES) is playing a vital role in providing multiple services in several electricity markets. However, the benefits and risks vary across markets and time, which justifies the importance to optimize ES capacity share in different markets. In this paper, a novel portfolio theory-based approach is proposed for optimally managing ES in various markets to maximize benefits and reduce the risk for ES owners. Three markets are considered,...
Paper Details
Title
Capacity Share Optimization for Multiservice Energy Storage Management Under Portfolio Theory
Published Date
Mar 22, 2018
Volume
66
Issue
2
Pages
1598 - 1607
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