Optimal planning of a green hydrogen fueling station
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Coelho, António
Soares, Filipe
Iria, José
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Volume Title
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Institute of Electrical and Electronics Engineers Inc.
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Abstract
As the global community transitions towards decarbonization and sustainable energy, green hydrogen is emerging as a key clean energy carrier. This paper addresses the role of hydrogen in transportation, emphasizing the European Union's additionality principle for renewable energy sources in green hydrogen production. It introduces a model for optimally designing hydrogen fueling stations, considering electrolyzers, hydrogen storage, fuel cells, PV systems, and batteries. This model also considers the participation in electricity (energy and secondary reserve), hydrogen, and oxygen markets, and it is evaluated under different additionality policy scenarios. Results indicate that stricter additionality policies reduce the internal rate of return. However, participation in secondary reserve markets significantly boosts operational revenues and compensates for higher investment costs.
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Book Title
IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2024
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Publication