Can Green Hydrogen Production Be Economically Viable under Current Market Conditions
This paper discusses the potential of green hydrogen production in a case study of a Slovenian hydro power plant. To assess the feasibility and eligibility of hydrogen production at the power plant, we present an overview of current hydrogen prices and the costs of the power-to-gas system for green...
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| Format: | Article |
| Language: | English |
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MDPI AG
2020-12-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/13/24/6599 |
| _version_ | 1827700064021118976 |
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| author | David Jure Jovan Gregor Dolanc |
| author_facet | David Jure Jovan Gregor Dolanc |
| author_sort | David Jure Jovan |
| collection | DOAJ |
| description | This paper discusses the potential of green hydrogen production in a case study of a Slovenian hydro power plant. To assess the feasibility and eligibility of hydrogen production at the power plant, we present an overview of current hydrogen prices and the costs of the power-to-gas system for green hydrogen production. After defining the production cost for hydrogen at the case study hydro power plant, we elaborate on the profitability of hydrogen production over electricity. As hydrogen can be used as a sustainable energy vector in industry, heating, mobility, and the electro energetic sectors, we discuss the current competitiveness of hydrogen in the heating and transport sectors. Considering the current prices of different fuels, it is shown that hydrogen can be competitive in the transport sector if it is unencumbered by various environmental taxes. The second part of the paper deals with hydrogen production in the context of secondary control ancillary service provided by a case study power plant. Namely, hydrogen can be produced during the time period when there is no demand for extra electric power within a secondary control ancillary service, and thus the economics of power plant operation can be improved. |
| first_indexed | 2024-03-10T14:05:11Z |
| format | Article |
| id | doaj.art-aec6cb75a57546ab9d71a87dbd6bc0a2 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T14:05:11Z |
| publishDate | 2020-12-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-aec6cb75a57546ab9d71a87dbd6bc0a22023-11-21T00:47:04ZengMDPI AGEnergies1996-10732020-12-011324659910.3390/en13246599Can Green Hydrogen Production Be Economically Viable under Current Market ConditionsDavid Jure Jovan0Gregor Dolanc1Department of Systems and Control, Jožef Stefan Institute, Jamova cesta 39, 1000 Ljubljana, SloveniaDepartment of Systems and Control, Jožef Stefan Institute, Jamova cesta 39, 1000 Ljubljana, SloveniaThis paper discusses the potential of green hydrogen production in a case study of a Slovenian hydro power plant. To assess the feasibility and eligibility of hydrogen production at the power plant, we present an overview of current hydrogen prices and the costs of the power-to-gas system for green hydrogen production. After defining the production cost for hydrogen at the case study hydro power plant, we elaborate on the profitability of hydrogen production over electricity. As hydrogen can be used as a sustainable energy vector in industry, heating, mobility, and the electro energetic sectors, we discuss the current competitiveness of hydrogen in the heating and transport sectors. Considering the current prices of different fuels, it is shown that hydrogen can be competitive in the transport sector if it is unencumbered by various environmental taxes. The second part of the paper deals with hydrogen production in the context of secondary control ancillary service provided by a case study power plant. Namely, hydrogen can be produced during the time period when there is no demand for extra electric power within a secondary control ancillary service, and thus the economics of power plant operation can be improved.https://www.mdpi.com/1996-1073/13/24/6599renewable energiesgreen hydrogen productionhydro power plantpower-to-gas systemsancillary services |
| spellingShingle | David Jure Jovan Gregor Dolanc Can Green Hydrogen Production Be Economically Viable under Current Market Conditions Energies renewable energies green hydrogen production hydro power plant power-to-gas systems ancillary services |
| title | Can Green Hydrogen Production Be Economically Viable under Current Market Conditions |
| title_full | Can Green Hydrogen Production Be Economically Viable under Current Market Conditions |
| title_fullStr | Can Green Hydrogen Production Be Economically Viable under Current Market Conditions |
| title_full_unstemmed | Can Green Hydrogen Production Be Economically Viable under Current Market Conditions |
| title_short | Can Green Hydrogen Production Be Economically Viable under Current Market Conditions |
| title_sort | can green hydrogen production be economically viable under current market conditions |
| topic | renewable energies green hydrogen production hydro power plant power-to-gas systems ancillary services |
| url | https://www.mdpi.com/1996-1073/13/24/6599 |
| work_keys_str_mv | AT davidjurejovan cangreenhydrogenproductionbeeconomicallyviableundercurrentmarketconditions AT gregordolanc cangreenhydrogenproductionbeeconomicallyviableundercurrentmarketconditions |