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Acknowledgments First off, I would like to thank Mengyin Li, my wife, for supporting and encouraging me. I would like to give a great thanks to my adviser, Ralf Gothe. I joined the group with little knowledge of nuclear physics, and I have learned so much from him, which has enabled me to finish my analysis and PhD thesis. Even the little knowledge I had(More)
Energy Storage Systems (ESSs) have recently been highlighted because of their many benefits such as load-shifting, frequency regulation, price arbitrage, renewables, and so on. Among those benefits, we aim at evaluating their economic value in frequency regulation application. However, unlike previous literature focusing on profits obtained from(More)
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