TY - GEN
T1 - Optimal planning of a green hydrogen fueling station
AU - Coelho, António
AU - Soares, Filipe
AU - Iria, José
N1 - Publisher Copyright:
© 2024 IEEE.
PY - 2024
Y1 - 2024
N2 - 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.
AB - 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.
KW - additionality
KW - energy markets
KW - green hydrogen
KW - hydrogen fueling stations
KW - multi-energy systems
KW - secondary reserve
UR - http://www.scopus.com/inward/record.url?scp=86000015295&partnerID=8YFLogxK
U2 - 10.1109/ISGTEUROPE62998.2024.10863406
DO - 10.1109/ISGTEUROPE62998.2024.10863406
M3 - Conference contribution
AN - SCOPUS:86000015295
T3 - IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2024
BT - IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2024
A2 - Holjevac, Ninoslav
A2 - Baskarad, Tomislav
A2 - Zidar, Matija
A2 - Kuzle, Igor
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2024 IEEE PES Innovative Smart Grid Technologies Europe Conference, ISGT EUROPE 2024
Y2 - 14 October 2024 through 17 October 2024
ER -