We study the strategic utilization of storage in imperfect electricity markets. We apply a game-theoretic Cournot model … to the German power market and analyze different counterfactual and realistic cases of pumped hydro storage. Our main … finding is that both storage utilization and storage-related welfare effects depend on storage ownership and the operator …

We study the strategic utilization of storage in imperfect electricity markets. We apply a game-theoretic Cournot model … to the German power market and analyze different counterfactual and realistic cases of pumped hydro storage. Our main … finding is that both storage utilization and storage-related welfare effects depend on storage ownership and the operator …

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 …