Time-sensitive electricity prices (as part of so-called demand-side management in the smart
grid) offer economical incentives for large industrial customers. In part I of this paper, we …

The integration of renewable energy resources into the electricity grid presents an important
challenge. This book provides a review and analysis of the technical and policy options …

Grid-scale energy storage units are regarded as an enabler of the renewable-dominant
power systems. Currently available energy storage technologies are ubiquitous, but not …

PHPS is a mature energy storage technology, leading to more efficient energy management
and further integration of Renewable Energy Sources (RES). This paper investigates the …

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 …

The purpose of this paper is to investigate the level of revenues available to storage
operators through the bulk time-shifting of electrical energy in Germany and Great Britain …

In this paper we develop a real options approach to evaluate the profitability of investing in a
battery bank. The approach determines the optimal investment timing under conditions of …

Curtailment due to high penetrations of variable renewable (VR) capacity leads to increased
costs borne by the electricity system. These curtailment costs can be implicitly included as …

Hydro power planning problems are well known in academia. However, due to modeling
and computational difficulties, not many suggested concepts are applied in practice …

New research results in several areas that can help to facilitate the large-scale integration of
variable renewable power sources into the electric power system are reviewed. Increasing …