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Electrical energy storage services can bring benefit to multiple stakeholders in the distribution grid. Energy storage owners maximize their profit on an external energy market. This can cause a conflict with the distribution system operator because a grid is designed in terms of peak power, not energy. The subject of this paper is a optimization method for the siting and sizing of energy storage in distribution grids. The optimization is implemented multi-objective as to visualize the trade-offs between storage stakeholders and distribution system operators.