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Hi,
Which attributes should I dig into if I want to know the arbitrage revenue of battery?
Besides, how do I know the marginal emissions (gCO₂/kWh) of the system?
Best
Xiao
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The formula for calculating revenues is Revenue = Price × Quantity. To find a company's total revenue, you would multiply the price of each product by the number of units sold. In a TIMES model, I would say revenues from each process can be likewise obtained as the product (commodity price × commodity output flow) for the output(s). But I guess an arbitrage revenue might additionally imply that you would need to subtract from the revenues the corresponding expenditures for the arbitrage input(s): (commodity price × commodity input flow).