Techno-Economic Analysis of Hydrogen as a Storage Solution in an Integrated Energy System for an Industrial Area in China
This study proposes four kinds of hybrid source–grid–storage systems consisting of photovoltaic and wind energy, and a power grid including different batteries and hydrogen storage systems for Sanjiao town. HOMER-PRO was applied for the optimal design and techno-economic analysis of each case, aimin...
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Published in | Energies (Basel) Vol. 17; no. 13; p. 3074 |
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Main Authors | , , , , , , , , , |
Format | Journal Article |
Language | English |
Published |
Basel
MDPI AG
01.07.2024
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Subjects | |
Online Access | Get full text |
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Summary: | This study proposes four kinds of hybrid source–grid–storage systems consisting of photovoltaic and wind energy, and a power grid including different batteries and hydrogen storage systems for Sanjiao town. HOMER-PRO was applied for the optimal design and techno-economic analysis of each case, aiming to explore reproducible energy supply solutions for China’s industrial clusters. The results show that the proposed system is a fully feasible and reliable solution for industry-based towns, like Sanjiao, in their pursuit of carbon neutrality. In addition, the source-side price sensitivity analysis found that the hydrogen storage solution was cost-competitive only when the capital costs on the storage and source sides were reduced by about 70%. However, the hydrogen storage system had the lowest carbon emissions, about 14% lower than the battery ones. It was also found that power generation cost reduction had a more prominent effect on the whole system’s NPC and LCOE reduction. This suggests that policy support needs to continue to push for generation-side innovation and scaling up, while research on different energy storage types should be encouraged to serve the needs of different source–grid–load–storage systems. |
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ISSN: | 1996-1073 1996-1073 |
DOI: | 10.3390/en17133074 |