November 18, 2024
Report
Energy Storage Participation Algorithm Competition Overview: Market simulation, divisions, stages, storage attributes, and scoring
Abstract
The Energy Storage Participation Algorithm Competition (ESPA-Comp) aims to assess the performance of participants’ battery storage offer algorithms on their ability to maximize the value of battery storage resources under three different market designs: two-settlement, multi-settlement, and rolling horizon forward markets. This document describes the overall design of the competition at a high level.Published: November 18, 2024