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The value of seasonal energy storage depends on how the firm best operates the storage to capture the seasonal price spread. Energy storage operations typically face limited operational flexibility characterized by the speed of storing and releasing energy. A widely used practice-based heuristic, the rolling intrinsic (RI) policy, generally performs well,(More)
In the new century, the market economy of our country develops constantly, and the demand for electricity increases. At present, the power generation method in China is still the traditional thermal power generation, but the coal resources has serious shortage and dried up, and other ways of generating will cause serious pollution to the environment, and(More)
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