Using Battery Energy Storage Systems to Shift the Load Schedules of Consumers Outside of the Hours of the Day with the Highest Prices

The report analyzes hourly electricity prices in Bulgaria in a “Day-ahead” market segment. Some of the reasons for the large price differences within a day are described. A solution is presented to reduce electricity costs by using batteries to shift the load schedules of consumers outside of the hours of the day with the highest prices. The conditions under which this decision is applicable and financially justified are also defined.