spatial variability poses challenges in grid operation. While grid expansion is restricted in the medium term, storage … network utilization. This paper uses a theoretical and a numerical model to evaluate the optimal allocation of battery storage …

storage facilities, farmers are compelled to sell their produce immediately after harvest at unfavourable prices. Warehouse …

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 …

challenges for the electricity system arise. Different types of storage and other flexibility options are available to cope with … these challenges. This paper discusses different areas of application for power storage in the context of the Energiewende … generation, demand and networks gain increasing importance. In the medium term, different types of storage could provide valuable …

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 …

flexibility substantially reduce surpluses. I use an optimization model to determine the storage capacities required for taking up … renewable surpluses. Allowing curtailment of 1% of the yearly feed-in of non-dispatchable renewables would render storage … well as lower system flexibility strongly increase storage requirements. By 2050, at least 10 GW of storage are required …

not predictable, a futures market fails to provide a clear storage signal to potential inventory holders and reduces the …