Modeling of Green Hydrogen and Electricity Coproduction System for Techno-Eco-Environmental Analysis of Sustainable Microgrid-Reference-Cited by-同舟云学术

Modeling of Green Hydrogen and Electricity Coproduction System for Techno-Eco-Environmental Analysis of Sustainable Microgrid

Published:2024-03-22 Issue: Volume: Page:21-43
ISSN:2327-5677
Container-title:Advances in Finance, Accounting, and Economics
language:
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Author:

Prasad Dharmbir¹^ORCID,Singh Rudra Pratap¹^ORCID,Kumar Rahul¹,Roy Ranadip²^ORCID,Islam Azizul¹,Khan Md. Irfan³

Affiliation:

1. Asansol Engineering College, India

2. Sanaka Educational Trust's Group of Institutions, India

3. IAC Electricals Pvt. Ltd., India

Abstract

The demand for renewable energy resources has increased significantly in recent years due to environmental concerns. The hybrid energy system is proposed as a solution to meet this demand. In this work, the HOMER software is used to design and optimize a hybrid model for electricity and hydrogen coproduction. The proposed model consists of various green energy resources such as solar PV, wind for hydrogen production. The system includes a green hydrogen storage facility while excess electricity is produced from renewable sources. The cost of energy production is found to be $0.08/kWh, which is competitive with conventional fossil fuel-based energy generation. In addition, the system has a lower environmental impact, with a 72% reduction in CO2 emissions as compared to regular energy production methods.

Publisher

IGI Global

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