OSS Platform: Operation Planning for a Grid-Connected Battery Simultaneously Participating in various Energy Markets

Energy storage comes as a trendy solution for the grid flexibility issues, however, it’s also possible to achieve profits by participating in different energy markets. The first step includes the selection of the potential services and an estimate of the profits. An essential second step is to mitigate the system uncertainty of each market such as energy prices and activation signals. In such a way, the storage owner can evaluate the actual return on investment. The talk will provide an overview of the potential energy markets in Europe along with the expected profits for each service.