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

The electricity price arbitrage from the utility grid can be a major source of revenue for energy storage systems. In … most countries, the electricity price is tightly regulated by their government statutory authority or energy regulator to …, such as Pumped Hydro Storage systems (PHS) using ground water, are economically viable in such a given electricity market …