Profitability Analysis of Long Duration Grid-scale Battery Storage Assets in the Nordic Spot Market and Ancillary Markets
The growing proportion of green energy in the electricity grids brings with it a growing need of grid stabilizing resources to counteract the inherent intermittency of renewable energy resources. This is where the grid scale energy storages come in handy. They efficiently offset the intermittencies of solar, wind etc. resources by energy arbitrage and peak shifting. This thesis looks into the econ