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1058. Is storage a business? A test on the Italian day-ahead electricity market
Invited abstract in session WA-2: New Advances in Italian Energy Markets, stream OR in Banking, Finance and Insurance: New Tools for Risk Management.
Wednesday, 8:30-10:00Room: Glassalen (building: 101)
Authors (first author is the speaker)
| 1. | Stefano Zedda
|
| DSEA, Università di Cagliari | |
| 2. | Simone Sbaraglia
|
| Dept. of Economics and Business Sciences, University of Cagliari | |
| 3. | Alessandro Fiori Maccioni
|
| Department of Economics and Business Sciences, University of Cagliari |
Abstract
Energy storage systems emerge as key elements in optimizing sustainable resource use, ensuring a steady flow of energy even when primary sources, such as sun or wind, are intermittent. In this scenario, the techno-economic integration of storage technologies becomes a key building block in the transition to a more resilient and efficient energy system. In this paper, we considered the possibility of using the electricity storage as a business, buying electric energy from the Italian electric day-ahead market when prices are low, and selling it back when prices are high.
The theoretical modeling and the resulting simulations show that the storage can actually be a profitable business, and that its results are highly variable over time. In particular, the recent gas prices crisis changed the framework, showing very interesting revenue opportunities.
Keywords
- Electricity Markets
- Financial Modelling
- Simulation
Status: accepted
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