Economic analysis of the investments in battery energy storage systems: Review and current perspectives

P Rotella Junior, LCS Rocha, SN Morioka, I Bolis… - Energies, 2021‏ - mdpi.com
Sources such as solar and wind energy are intermittent, and this is seen as a barrier to their
wide utilization. The increasing grid integration of intermittent renewable energy sources …

Economic and regulatory uncertainty in renewable energy system design: A review

À Alonso-Travesset, D Coppitters, H Martín, J de la Hoz - Energies, 2023‏ - mdpi.com
Renewable energy is increasingly mobilizing more investment around the globe. However,
there has been little attention to evaluating economic and regulatory (E&R) uncertainties …

Potential utilization of battery energy storage systems (BESS) in the major European electricity markets

Y Hu, M Armada, MJ Sánchez - Applied Energy, 2022‏ - Elsevier
Given the declining cost of battery technology in the last decade, nowadays the application
of Battery Energy Storage Systems (BESS) becomes a more attractive solution in electrical …

An option game model applicable to multi-agent cooperation investment in energy storage projects

M Zhang, J Nie, B Su, L Liu - Energy Economics, 2024‏ - Elsevier
This paper proposes an option game model that is applicable to multi-agent cooperation
investment in energy storage projects. A power grid enterprise and power generation …

Economic viability of battery energy storage and grid strategy: A special case of China electricity market

B Lin, W Wu - Energy, 2017‏ - Elsevier
Battery energy storage (BES) plays an important role in the integration of intermittent
renewable power and distributed generation. The price arbitrage is a major source of energy …

[HTML][HTML] Impact of the splitting of the German–Austrian electricity bidding zone on investment in a grid-scale battery energy storage system deployed for price arbitrage …

A Hurta, M Žilka, F Freiberg - Energy Reports, 2022‏ - Elsevier
The splitting of the German–Austrian electricity bidding zone in October 2018 established
limits for cross-border exchanges of power between Germany and Austria, which led to the …

Stochastic valuation of energy storage in wholesale power markets

N Yu, B Foggo - Energy Economics, 2017‏ - Elsevier
Energy storage systems are well poised to mitigate uncertainties of renewable generation
outputs. Grid-scale energy storage projects are major investments which call for rigorous …

[HTML][HTML] Optimal investment timing and sizing for battery energy storage systems

JJ Kelly, PG Leahy - Journal of Energy Storage, 2020‏ - Elsevier
Due to electricity market deregulation over the past two decades, the responsibility for new
generation is with private investors who seek profit maximisation. Battery Energy Storage …

[HTML][HTML] Evaluation of photovoltaic storage systems on energy markets under uncertainty using stochastic dynamic programming

D Keles, J Dehler-Holland - Energy Economics, 2022‏ - Elsevier
The rising share of intermittent renewable energy production in energy systems increasingly
poses a threat to system stability and the price level in energy markets. However, the effects …

The user-side energy storage investment under subsidy policy uncertainty

M Zhao, X Zhang, CJ Hueng - Applied Energy, 2025‏ - Elsevier
We develop a real options model for firms' investments in the user-side energy storage. After
the investment, the firms obtain profits through the peak-valley electricity price spreads. They …