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5 MW/4 MWh energy storage system, the project provides a flexible solution for energy storage and release to the grid in an environment with 15-minute electricity price fluctuations. . This project is located in the Baltic region of Eastern Europe and is an expanded energy storage system that supports its existing solar power station. It is primarily driven by the combination of “dynamic electricity pricing mechanism + technological cost reduction,” actively participating in the. . management, peak-valley spread arbitrage and participating in demand response, a multi-profit model of. We analyze various uncertainty representations, in-cluding polyhedral, ellipsoidal uncertainty sets. .
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