Abstract
The purpose of this paper is to better understand some of the potential benefits of electricity storage, particularly those associated with competitive wholesale power markets. We give particular emphasis to the impact on the economic value of electricity storage due to: (i) the significant increases in the price of natural gas over the past few years -- and the related issue of how location moregenerally affects arbitrage value, (ii) the impact of changes in the total amount of storage in a given electricity system, and (iii) the effect of ownership structure/market structure and rules on the division of benefits.
| Original language | American English |
|---|---|
| Number of pages | 6 |
| State | Published - 2005 |
| Event | EESAT 2005 - Electrical Energy Storage Applications and Technologies - San Francisco, California Duration: 17 Oct 2005 → 19 Oct 2005 |
Conference
| Conference | EESAT 2005 - Electrical Energy Storage Applications and Technologies |
|---|---|
| City | San Francisco, California |
| Period | 17/10/05 → 19/10/05 |
NREL Publication Number
- NREL/CP-620-38988
Keywords
- electricity storage