A computational model for the prediction of the thermal behaviour of a compact multi-layer latent heat storage unit is presented. The model is based on the conservation equations of energy for the phase change material (PCM) and the heat transfer fluid (HTF). Electrical heat sources embedded inside the PCM are used for heat storage (melting) while the flow of an HTF is employed for heat recovery (solidification). Parametric studies are performed to assess the effect of various design parameters and operating conditions on the thermal behaviour of the unit. Results indicate that the average output heat load during the recovery period is strongly dependent on the minimum operating temperature, on the thermal diffusivity of the liquid phase, on the thickness of the PCM layer and on the. HTF inlet mass flowrate and temperature. It is, on the other hand, nearly independent of the wall thermal diffusivity and thickness and of the maximum operating temperature. Correlations are proposed for the total energy stored and the output heat load as a function of the design parameters and the operating conditions.