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Electricity storage can take advantage of daily price variations

TODAY IN ENERGY: Monday, May 21, 2012

Electricity storage can take advantage of daily price variations

Electricity storage technologies that can operate on timescales such as hours or days are often deployed at specific times of day to take advantage of variations in the price of electricity. Storage operators can buy electricity when prices are lower (overnight or on weekends), store it, and then discharge or deliver it later, selling the stored electricity when prices are higher.

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