Strategic Model for Yellow Hydrogen Production Using the Metalog Family of Probability Distributions

Abstract

Storing energy in hydrogen has been recognized by scientists as one of the most effective ways of storing energy for many reasons. The first of these reasons is the availability of technology for producing hydrogen from water using electrolytic methods. Another aspect is the availability of relatively cheap energy from renewable energy sources. Moreover, you can count on the availability of large amounts of this energy. The aim of this article is to support the decision-making processes related to the production of yellow hydrogen using a strategic model which exploits the metalog family of probability distributions. This model allows us to calculate, with accuracy regarding the probability distribution, the amount of energy produced by photovoltaic systems with a specific peak power. Using the model in question, it is possible to calculate the expected amount of electricity produced daily from the photovoltaic system and the corresponding amount of yellow hydrogen produced. Such a strategic model may be appropriate for renewable energy developers who build photovoltaic systems intended specifically for the production of yellow and green hydrogen. Based on our model, they can estimate the size of the photovoltaic system needed to produce the assumed hydrogen volume. The strategic model can also be adopted by producers of green and yellow hydrogen. Due to precise calculations, up to the probability distribution, the model allows us to calculate the probability of providing the required energy from a specific part of the energy mix.