Storage or No Storage: Duopoly Competition Between Renewable Energy Suppliers in a Local Energy Market

13 Oct 2019 Zhao Dongwei Wang Hao Huang Jianwei Lin Xiaojun

This paper studies the duopoly competition between renewable energy suppliers with or without energy storage in a local energy market. The storage investment brings the benefits of stabilizing renewable energy suppliers' outputs, but it also leads to substantial investment costs as well as some surprising changes in the market outcome... (read more)

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