IDEAS home Printed from https://ideas.repec.org/a/eee/juipol/v95y2025ics0957178725000542.html
   My bibliography  Save this article

Economics of utility-scale batteries in Romania under various market conditions

Author

Listed:
  • Oprea, Simona-Vasilica
  • Bâra, Adela

Abstract

From grid stability and RES integration to backup and demand response, utility-scale batteries are becoming versatile assets. As technology continues to advance and costs continue to fall, their role is expected to expand. A battery of 7MW/14MWh is used to schedule its output and obtain the optimal market bidding scenario using Mixed Integer Linear Programming. Sensitivity analyses are carried out to check the financial viability of the asset. Romania's historical monthly average electricity prices in 2023 are considered to assess financial performance. The results showed that the payback period can be 3–7 years.

Suggested Citation

  • Oprea, Simona-Vasilica & Bâra, Adela, 2025. "Economics of utility-scale batteries in Romania under various market conditions," Utilities Policy, Elsevier, vol. 95(C).
    • Handle: RePEc:eee:juipol:v:95:y:2025:i:c:s0957178725000542
    DOI: 10.1016/j.jup.2025.101939
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0957178725000542
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jup.2025.101939?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:juipol:v:95:y:2025:i:c:s0957178725000542. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.sciencedirect.com/journal/utilities-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.