The Aggregator as a Storage Provider

Abstract

The energy transition from fossil resources to integration of more renewables such as solar and wind has become the focus in the energy strategies of many countries. The time difference between solar energy production and power demand peak hours in the grid can be significant, bringing the role of electricity storage, especially battery systems, to center stage. Based on this fact with data from the solar energy output at Oslo and Nord Pool electricity prices, the revenue potential for storage is calculable. For the prosumers acting as both energy users and producers, storage is installed mainly for self-consumption. In comparison, storage with aggregators may achieve profit out of the outrage of the market price fluctuation.