Profitability of Hydrogen-Based Microgrids: A Novel Economic Analysis in Terms of Electricity Price and Equipment Costs

Author:

Rey Jesús1ORCID,Segura Francisca1ORCID,Andújar José Manuel1ORCID

Affiliation:

1. Research Centre on Technology, Energy and Sustainability (CITES), Campus La Rábida, University of Huelva, Avenida de las Artes, 21007 Huelva, Spain

Abstract

The current need to reduce carbon emissions makes hydrogen use essential for self-consumption in microgrids. To make a profitability analysis of a microgrid, the influence of equipment costs and the electricity price must be known. This paper studies the cost-effective electricity price (EUR/kWh) for a microgrid located at ‘’La Rábida Campus’’ (University of Huelva, south of Spain), for two different energy-management systems (EMSs): hydrogen-priority strategy and battery-priority strategy. The profitability analysis is based, on one hand, on the hydrogen-systems’ cost reduction (%) and, on the other hand, considering renewable energy sources (RESs) and energy storage systems (ESSs), on cost reduction (%). Due to technological advances, microgrid-element costs are expected to decrease over time; therefore, future profitable electricity prices will be even lower. Results show a cost-effective electricity price ranging from 0.61 EUR/kWh to 0.16 EUR/kWh for hydrogen-priority EMSs and from 0.4 EUR/kWh to 0.17 EUR/kWh for battery-priority EMSs (0 and 100% hydrogen-system cost reduction, respectively). These figures still decrease sharply if RES and ESS cost reductions are considered. In the current scenario of uncertainty in electricity prices, the microgrid studied may become economically competitive in the near future.

Funder

Spanish Government

Publisher

MDPI AG

Subject

Electrical and Electronic Engineering,Computer Networks and Communications,Hardware and Architecture,Signal Processing,Control and Systems Engineering

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. A comprehensive review on the role of hydrogen in renewable energy systems;International Journal of Hydrogen Energy;2024-09

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3