Technical FAQs 3

Are battery energy storage systems economically feasible?

Battery Energy Storage Systems (BESS) will play a vital role in achieving the energy objectives of the European Union (EU), although there is a lot of skepticism regarding the economic feasibility of BESS systems.

How effective is electricity arbitrage in Greece?

However, the effectiveness of electricity arbitrage in Greece is influenced by the day-ahead and intra-day market prices variations; thus, the identification of the optimal way of charging and discharging for each day is needed.

Is ESS feasible in the Greek market?

Although there is a plethora of literature on ESS feasibility, few studies have focused on the Greek market, particularly under the Target Model. This study makes a unique contribution by applying real-world data from Greece's first year of the Target Model implementation.

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