Sioshansi, Ramteen; Denholm, Paul; Jenkin, Thomas; … - In: Energy Economics 31 (2009) 2, pp. 269-277
Significant increases in prices and price volatility of natural gas and electricity have raised interest in the potential economic opportunities for electricity storage. In this paper, we analyze the arbitrage value of a price-taking storage device in PJM during the six-year period from 2002 to...