Economic Optimal Operation of Community Energy Storage Systems in Competitive Energy Markets

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Arghandeh, Reza; Woyak, Jeremy; Onen, Ahmet; Jung, Jaesung; Broadwater, Robert P.;
  • Subject: Physics - Physics and Society | Quantitative Finance - General Finance

Distributed, controllable energy storage devices offer several benefits to electric power system operation. Three such benefits include reducing peak load, providing standby power, and enhancing power quality. These benefits, however, are only realized during peak load ... View more
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