••Novel contractual setup for power purchase agreements (PPAs) with energy storage. .
We propose a contractual setup, the proxy storage power purchase agreement (. .
Several countries worldwide, including the European Union, have pledged to become carbon neutral by 2050 (Hale et al., 2022; Council of the European Union, 2020) to limit global warmi. .
Optimal dispatch of virtual energy storageFigure 2 shows the optimal dispatch of a battery storage co-located with a wind power plant (i.e. the charging of the storage unit is constraine. .
Potential for proxy storage PPAs in EuropeProxy storage PPAs are adopted, if they are economically convenient for both the PPA buyer and the PPA seller (project developer). Fro. .
The research published in this report was carried out with the support of Innosuisse - Swiss Innovation Agency, Energy & Environment (E&E), under the project 41263.1 IP-EE, a. [pdf]
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