Impacts of large-scale battery energy storage systems on Russian wholesale electricity and capacity market

摘要

As a flexible power source, energy storage finds its application in different aspects of electricity market. The forecasts and technologies improving allow implementing more energy storage solutions all over the world. In this thesis the impact of battery energy storage systems on the Russian wholesale electricity and capacity market in the conditions of current market model is estimated. An arbitrage mechanism impact to equilibrium price of electricity is considered. Different options of using batteries are calculated in order to estimate economic profitability. Among these are participation in capacity market, price and characteristics for li-ion batteries forecast, and growth of difference between on- and off-peak prices. Meanwhile the net present value is calculated for every variant.