Article (Scientific journals)
Economic and environmental valuation of green hydrogen decarbonisation process for price responsive multi-energy industry prosumer
Kostelac, Matija; PAVIĆ, Ivan; Capuder, Tomislav
2023In Applied Energy, 347, p. 121484
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Keywords :
Green hydrogen; Industry facility; Multi-energy systems; Price-responsive flexibility; PV generation
Abstract :
[en] Carbon neutrality is one of the main goals in current power system planning and operation. Many different actions and solutions are presented and implemented so far, incorporating renewable energy sources at all levels of the system. With the raising prices of natural gas and its negative impact on the environment, particularly emphasised over the past two years, new technologies and energy vectors are emerging as potential for its replacement. High importance of the hydrogen energy vector, especially in the decarbonisation of the industry sector, is being put forward due to its advantages of zero greenhouse gas emissions, its capacity for storing energy and capability to balance the production of renewable energy sources. This paper brings a detailed mathematical model of a price driven, demand responsive, multi-energy industry facility, as a logic first implementer of hydrogen technologies due to its high and multi-energy consumption nature. The systematic analyses are conducted over a set of scenarios of local production, considering different hydrogen technologies as well as range of natural gas and electricity prices. The findings of the paper conclude that hydrogen technology implementation into a realistic industrial consumers processes results in zero local emissions production, high level of autonomy and resistance from the market disturbances. When compared with classic industrial layouts, the overall CO2 footprint is reduced from around 30% to around 85%, depending on the scenario. The sensitivity analysis has proven that hydrogen layouts are comparable to natural gas layouts in terms of total costs, showing that hydrogen options result in lower cost in the range from 25% to 58%, depending on the observed scenario.
Research center :
Interdisciplinary Centre for Security, Reliability and Trust (SnT) > FINATRAX - Digital Financial Services and Cross-organizational Digital Transformations
Disciplines :
Computer science
Electrical & electronics engineering
Author, co-author :
Kostelac, Matija;  University of Zagreb Faculty of Electrical Engineering and Computing, Zagreb, Croatia
PAVIĆ, Ivan  ;  University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > FINATRAX
Capuder, Tomislav;  University of Zagreb Faculty of Electrical Engineering and Computing, Zagreb, Croatia
External co-authors :
yes
Language :
English
Title :
Economic and environmental valuation of green hydrogen decarbonisation process for price responsive multi-energy industry prosumer
Publication date :
01 October 2023
Journal title :
Applied Energy
ISSN :
0306-2619
eISSN :
1872-9118
Publisher :
Elsevier Ltd
Volume :
347
Pages :
121484
Peer reviewed :
Peer Reviewed verified by ORBi
Focus Area :
Security, Reliability and Trust
FnR Project :
FNR17742284 - Flexibility Potentials And User Behaviour Analysis – Market Incentives, 2022 (01/03/2023-28/02/2026) - Gilbert Fridgen
FNR13342933 - Paypal-fnr Pearl Chair In Digital Financial Services, 2019 (01/01/2020-31/12/2024) - Gilbert Fridgen
Name of the research project :
U-AGR-7257 - BRIDGES/2022/IS/17742284/FlexBeAM (01/03/2023 - 28/02/2026) - FRIDGEN Gilbert
Funders :
FNR - Luxembourg National Research Fund
Funding number :
17742284; 13342933
Funding text :
The work of Ivan Pavić was funded in part by the Luxembourg National Research Fund (FNR) and PayPal, PEARL grant reference 13342933/Gilbert Fridgen as well as by the Luxembourg National Research Fund (FNR) – FlexBeAM Project, ref. 17742284 This work was funded by the European Union through the European Regional Development Fund for the Competitiveness and Cohesion Operational Programme 2014–2020 of the Republic of Croatia under project No. KK.01.1.1.07: “Universal Communication and Control System for Industrial Facilities”.
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since 06 November 2023

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