Revenue Analysis of Stationary and Transportable Battery Storage for Power Systems: A Market Participant Perspective
Zhongyang Zhao,
Caisheng Wang,
Masoud H. Nazari
Abstract:The power system faces a growing need for increased transmission capacity and reliability with the rising integration of renewable energy resources. To tackle this challenge, Battery Energy Storage Systems (BESSs) prove effective in enhancing grid capacity and relieving transmission congestion. This paper focuses on the PJM market, conducting a thorough revenue analysis to identify and characterize highly profitable nodes for BESS market participants. A comparison between stationary and transportable BESSs rev… Show more
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