We analyze the relation between European natural gas storage facilities and price patterns at major trading points …, considering the theory of storage to derive a testable hypothesis imposed by the non-arbitrage condition. To model the efficiency … operators of storage facilities realize seasonal arbitrage profits, and that market performance overall is substantially …

, including gas-fired power plants, pumped hydro storage, and transmission lines. We find that geographically optimized power …, storage and transmission requirements significantly increase. In an alternative scenario with larger investments into storage … hydro storage facilities that are not included in the optimization, a moderate expansion of storage capacities appears to be …

energy. We analyze the case of electric storage heaters in German 2030 scenarios with an open-source electricity sector model …. Making customary night-time storage heaters temporally more flexible offers only moderate benefits because renewable … availability during daytime is limited in the heating season. As storage heaters feature only short-term heat storage, they also …

We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an … storage operation. We find that introducing storage generally smoothes conventional generation patterns and market prices and … increases consumer rent and overall welfare. In contrast, electricity producers generally suffer from storage. We also find that …

Storage devices and demand control may constitute beneficial tools to optimize electricity generation with a large … regards specific 'smart grid' applications such as storage facilities and meters enabling load control. Model results indicate … that central storage facilities are a more promising option for generation cost reductions as compared to demand management …

policy-relevant scenarios for 2022, 2032 and 2050. We also determine the storage capacities required for taking up renewable … surpluses is substantially larger. Using an optimization model, we find that no additional storage is required in the scenarios …-dispatchable renewables would render storage investments largely obsolete under the assumption of a flexible system. In contrast, further …