Methodology and assumptions for evaluating the profitability of these technologies.
This document details the methodology and assumptions for evaluating the profitability of these technologies, using a three-part model: future market price simulation (Deliverable 11.4), multi-market placement optimization, and long-term profitability estimation (Deliverable 11.5). These models are designed to estimate optimal revenues across energy and reserve markets over several decades, representing the maximum revenue potential of the technologies. The analysis prioritizes faster operations in primary and secondary reserve markets, with scenario modeling to assess the sensitivity of revenues to changes in renewable energy and regulatory conditions.