Harmony Energy to build France''s largest battery
UK-based renewables developer Harmony Energy is looking to deliver France''s largest battery energy storage system (BESS)—the
The bidding strategy of energy storage power station formulated in most papers relies on the day-ahead predicted price and regulation demand, and the effectiveness of the bidding strategy is based on the premise that day-ahead forecast is accurate [9, 10, 11].
Aiming at the multi-time scale clearing mechanism of the actual frequency regulation market, this paper divides the bidding strategy of BESSs to participate in the frequency regulation market into two stages: day ahead market (DAM) and real time market (RTM). The remainder of this article is organized as follows.
In France, the multiannual energy program #3 (PPE 3), which is expected to be published soon, foresees a significant increase in battery storage. However, the BESS market still faces significant challenges, with high entry costs and uncertain revenues.
According to the analysis in Sect. 5.1, the most reliable bidding strategy for each BESS at this time is to declare its marginal cost curve as its supply function, so as to determine its own frequency regulation mileage quotation and capacity. Therefore, in this case, the five BESSs take their marginal costs as the declared supply function.
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