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11min chapter
DERVOS '24: Power Markets Panel
DER Task Force
Navigating Pricing Complexities in Energy Markets
This chapter explores the intricate dynamics of pricing within energy markets, focusing on the significance of opportunity costs, especially for energy storage resources like batteries. It discusses the interplay between revenue maximization and system costs, emphasizing the necessity of a robust pricing strategy to maintain grid reliability and consumer protection. Through interactive dialogue, the chapter addresses various stakeholders' roles and highlights the complex relationship between market pricing and operational costs.
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