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Title:
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The market value of Large Scale Storage Options
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Author(s):
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Published by:
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Publication date:
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ECN
Policy Studies
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23-1-2015
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ECN report number:
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Document type:
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ECN-E--14-042
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ECN publication
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Number of pages:
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Full text:
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15
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Download PDF
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Abstract:
This publication contains the results of an analysis of the potential market value of three alternatives for the large-scale storage of electricity in the Netherlands: Inverse offshore pump accumulation station (‘Energy Island’), compressed air energy storage (CAES) and power-to-gas (P2G). The potential revenues of the three alternatives on both the day-ahead and the balancing market are estimated using an electricity market simulation model developed at ECN.
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