Drury, Easan; Denholm, Paul; Sioshansi, Ramteen - In: Energy 36 (2011) 8, pp. 4959-4973
Storage devices can provide several grid services, however it is challenging to quantify the value of providing several services and to optimally allocate storage resources to maximize value. We develop a co-optimized Compressed Air Energy Storage (CAES) dispatch model to characterize the value...