# [[Battery Storage Optimisation ]] Revenue opportunities for batteries can be achieved from: - Ancillary Service Markets - Reg up + Reg down - Spin - Non- Spin - Energy Arbitrage Market - Real Time Market (RTM) - trades at a premium - Day Ahead Market (DAM) - most conservative starting point #### optimization problem How to optimize battery storage to maximize your revenue in the ancillary and energy arbitrage markets #### constraints - Ancillary requirements - Battery capacity - Charge / discharge rates - Efficiency / Optimal Charge Levels - Battery Asset Degradation ###### dependencies - Dispatchable generation - Reg Up bids that can be used to satisfy Spinning Reserve - Reg Down with RTM Arbitrage - Arbitrage market opportunities as opportunity costs, influencing the bidding price in the ancillary services market ###### discussion points - quality of price forecasts? - Opportunities through this: - TSO contracts / agreement related - power trading