Daily Episodic and Continuous Arbitrage Trading With Electric Batteries
比较了三种电池储能系统在电力批发市场中的套利交易策略，发现日前价差交易在风险和收益方面表现更优，对电力市场参与者和投资者有参考价值。
The business models for the operation of battery storage systems often depend substantially upon the revenues from arbitrage in the daily electricity wholesale market. Other revenue streams can be attractive, but even with them, wholesale market arbitrage is often used as the benchmark. There can be various trading policies for wholesale market arbitrage and this paper provides a comparison of three main variations. These are: day-ahead spread trading, day-ahead trading with look-ahead and intra-day continuously trading with look-ahead. The example is from the GB electricity market in which wind and solar generation as well as demand forecasts are used to forecast electricity prices. The results of the back-testing indicate the comparative attractiveness of day-ahead spread trading in terms of risk and return performance.