Breakeven Analysis of Energy Storage Systems in PJM Energy Markets

被引:0
|
作者
Salles, Mauricio B. C. [1 ]
Gadotti, Taina N. [1 ]
Aziz, Michael J. [2 ]
Hogan, William W. [3 ]
机构
[1] Univ Sao Paulo, Polytech Sch, Lab Adv Elect Grids LGrid, Sao Paulo, Brazil
[2] Harvard Univ, John A Paulson Sch Engn & Appl Sci, Cambridge, MA 02138 USA
[3] Harvard Univ, John F Kennedy Sch Govt, Cambridge, MA 02138 USA
基金
巴西圣保罗研究基金会;
关键词
battery; electricity market; energy arbitrage; energy storage; real-time market;
D O I
暂无
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
Energy arbitrage is attracting interest of Energy Storage Systems developers and owners to provide net revenue in transmission and distribution systems. We have analyzed the potential revenue of a generic Energy Storage System (ESS) within the electricity market of PJM in 8 different locations where such technology is already installed. We used hourly Day Ahead and Real-time locational marginal prices over the sevenyear period 2008-2014, assuming a price-taking dispatch with perfect foresight. The charge-discharge profiles were optimized to determine the minimum potential revenue for 1 MW system for 70% round trip efficiency in those 8 locations. We performed a sensitivity analysis to verify the dependence on rated discharge duration and its variation over the years. We determined the breakeven overnight installed cost below which energy arbitrage would be profitable.
引用
收藏
页码:395 / 400
页数:6
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