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On the Stability of Strategic Energy Storage Operation in Wholesale Electricity Markets (Extended Version)
Moreover, we find that when the flexibility of conventional power plants is low, while the storage usage for energy balancing increases with renewable energy generation, the profitability of using storage for the sole purpose of energy arbitrage decreases.
Storage placement policy for minimizing frequency deviation: A combinatorial optimization approach
As the share of renewable sources is increasing the need for multiple storage units appropriately sized and located is essential to achieve better inertial response.
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