This tutorial optimizes the marketing of the energy provided by an Electricity Storage system on the day-ahead and balancing power market.
Day-Ahead Market
In the first variant, the storage is only used on the day-ahead market for arbitrage trading. In this variant, the day-ahead prices from 2022 for the bidding zone Germany/Luxembourg are used.
Balancing Power Market (FCR)
In the second variant, the storage is only used for the balancing power market to provide frequency containment reserve (FCR). In this variant, the component Electricity Tariff Balancing Power is implemented. The market clearing price in hourly resolution from the year 2022 for the FCR is used as input time series.
Day-Ahead and Balancing Power Market
In the third variant, the combined marketing on the day-ahead and balancing power market is calculated. In this variant, the simulation is used to calculate the best possible marketing strategy in each time step.
