IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v15y2022i16p5796-d884657.html
   My bibliography  Save this article

Techno-Economic Analysis of Low Carbon Hydrogen Production from Offshore Wind Using Battolyser Technology

Author

Listed:
  • Brian Jenkins

    (Electronic and Electrical Engineering, University of Strathclyde, Glasgow G1 1XQ, UK)

  • David Squires

    (Wolfson School of Engineering, Loughborough University, Loughborough LE11 3TU, UK)

  • John Barton

    (Wolfson School of Engineering, Loughborough University, Loughborough LE11 3TU, UK)

  • Dani Strickland

    (Wolfson School of Engineering, Loughborough University, Loughborough LE11 3TU, UK)

  • K. G. U. Wijayantha

    (Centre for Renewable Energy Systems, Cranfield University, Bedfordshire MK43 0AL, UK)

  • James Carroll

    (Electronic and Electrical Engineering, University of Strathclyde, Glasgow G1 1XQ, UK)

  • Jonathan Wilson

    (Wolfson School of Engineering, Loughborough University, Loughborough LE11 3TU, UK)

  • Matthew Brenton

    (Wolfson School of Engineering, Loughborough University, Loughborough LE11 3TU, UK)

  • Murray Thomson

    (Wolfson School of Engineering, Loughborough University, Loughborough LE11 3TU, UK)

Abstract

A battolyser is a combined battery electrolyser in one unit. It is based on flow battery technology and can be adapted to produce hydrogen at a lower efficiency than an electrolyser but without the need for rare and expensive materials. This paper presents a method of determining if a battolyser connected to a wind farm makes economic sense based on stochastic modelling. A range of cost data and operational scenarios are used to establish the impact on the NPV and LCOE of adding a battolyser to a wind farm. The results are compared to adding a battery or an electrolyser to a wind farm. Indications are that it makes economic sense to add a battolyser or battery to a wind farm to use any curtailed wind with calculated LCOE at £56/MWh to £58/MWh and positive NPV over a range of cost scenarios. However, electrolysers, are still too expensive to make economic sense.

Suggested Citation

  • Brian Jenkins & David Squires & John Barton & Dani Strickland & K. G. U. Wijayantha & James Carroll & Jonathan Wilson & Matthew Brenton & Murray Thomson, 2022. "Techno-Economic Analysis of Low Carbon Hydrogen Production from Offshore Wind Using Battolyser Technology," Energies, MDPI, vol. 15(16), pages 1-20, August.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:16:p:5796-:d:884657
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/15/16/5796/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/15/16/5796/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ioannou, Anastasia & Angus, Andrew & Brennan, Feargal, 2018. "A lifecycle techno-economic model of offshore wind energy for different entry and exit instances," Applied Energy, Elsevier, vol. 221(C), pages 406-424.
    2. Lai, Chun Sing & McCulloch, Malcolm D., 2017. "Levelized cost of electricity for solar photovoltaic and electrical energy storage," Applied Energy, Elsevier, vol. 190(C), pages 191-203.
    3. Lai, Chun Sing & Locatelli, Giorgio & Pimm, Andrew & Tao, Yingshan & Li, Xuecong & Lai, Loi Lei, 2019. "A financial model for lithium-ion storage in a photovoltaic and biogas energy system," Applied Energy, Elsevier, vol. 251(C), pages 1-1.
    4. Nistor, Silviu & Wu, Jianzhong & Sooriyabandara, Mahesh & Ekanayake, Janaka, 2015. "Capability of smart appliances to provide reserve services," Applied Energy, Elsevier, vol. 138(C), pages 590-597.
    5. Kendall Mongird & Vilayanur Viswanathan & Patrick Balducci & Jan Alam & Vanshika Fotedar & Vladimir Koritarov & Boualem Hadjerioua, 2020. "An Evaluation of Energy Storage Cost and Performance Characteristics," Energies, MDPI, vol. 13(13), pages 1-53, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gabriela Elena Badea & Cristina Hora & Ioana Maior & Anca Cojocaru & Calin Secui & Sanda Monica Filip & Florin Ciprian Dan, 2022. "Sustainable Hydrogen Production from Seawater Electrolysis: Through Fundamental Electrochemical Principles to the Most Recent Development," Energies, MDPI, vol. 15(22), pages 1-31, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lai, Chun Sing & Locatelli, Giorgio, 2021. "Economic and financial appraisal of novel large-scale energy storage technologies," Energy, Elsevier, vol. 214(C).
    2. Lai, Chun Sing & Chen, Dashen & Zhang, Jinning & Zhang, Xin & Xu, Xu & Taylor, Gareth A. & Lai, Loi Lei, 2022. "Profit maximization for large-scale energy storage systems to enable fast EV charging infrastructure in distribution networks," Energy, Elsevier, vol. 259(C).
    3. Keda Pan & Changhong Xie & Chun Sing Lai & Dongxiao Wang & Loi Lei Lai, 2020. "Photovoltaic Output Power Estimation and Baseline Prediction Approach for a Residential Distribution Network with Behind-the-Meter Systems," Forecasting, MDPI, vol. 2(4), pages 1-18, November.
    4. Samuel Matthew G. Dumlao & Keiichi N. Ishihara, 2021. "Dynamic Cost-Optimal Assessment of Complementary Diurnal Electricity Storage Capacity in High PV Penetration Grid," Energies, MDPI, vol. 14(15), pages 1-23, July.
    5. Koecklin, Manuel Tong & Longoria, Genaro & Fitiwi, Desta Z. & DeCarolis, Joseph F. & Curtis, John, 2021. "Public acceptance of renewable electricity generation and transmission network developments: Insights from Ireland," Energy Policy, Elsevier, vol. 151(C).
    6. Judge, Frances & McAuliffe, Fiona Devoy & Sperstad, Iver Bakken & Chester, Rachel & Flannery, Brian & Lynch, Katie & Murphy, Jimmy, 2019. "A lifecycle financial analysis model for offshore wind farms," Renewable and Sustainable Energy Reviews, Elsevier, vol. 103(C), pages 370-383.
    7. Tong Koecklin, Manuel & Fitiwi, Desta & de Carolis, Joseph F. & Curtis, John, 2020. "Renewable electricity generation and transmission network developments in light of public opposition: Insights from Ireland," Papers WP653, Economic and Social Research Institute (ESRI).
    8. Matthias Maldet & Daniel Schwabeneder & Georg Lettner & Christoph Loschan & Carlo Corinaldesi & Hans Auer, 2022. "Beyond Traditional Energy Sector Coupling: Conserving and Efficient Use of Local Resources," Sustainability, MDPI, vol. 14(12), pages 1-36, June.
    9. Zekai Xu & Jinghan He & Zhao Liu & Zhiyi Zhao, 2023. "Collaborative Optimization of Transmission and Distribution Considering Energy Storage Systems on Both Sides of Transmission and Distribution," Energies, MDPI, vol. 16(13), pages 1-23, July.
    10. Fuquan Zhao & Feiqi Liu & Han Hao & Zongwei Liu, 2020. "Carbon Emission Reduction Strategy for Energy Users in China," Sustainability, MDPI, vol. 12(16), pages 1-19, August.
    11. Donovin D. Lewis & Aron Patrick & Evan S. Jones & Rosemary E. Alden & Abdullah Al Hadi & Malcolm D. McCulloch & Dan M. Ionel, 2023. "Decarbonization Analysis for Thermal Generation and Regionally Integrated Large-Scale Renewables Based on Minutely Optimal Dispatch with a Kentucky Case Study," Energies, MDPI, vol. 16(4), pages 1-23, February.
    12. Motalleb, Mahdi & Thornton, Matsu & Reihani, Ehsan & Ghorbani, Reza, 2016. "A nascent market for contingency reserve services using demand response," Applied Energy, Elsevier, vol. 179(C), pages 985-995.
    13. Mostafavi Tehrani, S. Saeed & Shoraka, Yashar & Nithyanandam, Karthik & Taylor, Robert A., 2019. "Shell-and-tube or packed bed thermal energy storage systems integrated with a concentrated solar power: A techno-economic comparison of sensible and latent heat systems," Applied Energy, Elsevier, vol. 238(C), pages 887-910.
    14. Zhang, Yijie & Ma, Tao & Elia Campana, Pietro & Yamaguchi, Yohei & Dai, Yanjun, 2020. "A techno-economic sizing method for grid-connected household photovoltaic battery systems," Applied Energy, Elsevier, vol. 269(C).
    15. Ahsan, Syed M. & Khan, Hassan A. & Hassan, Naveed-ul & Arif, Syed M. & Lie, Tek-Tjing, 2020. "Optimized power dispatch for solar photovoltaic-storage system with multiple buildings in bilateral contracts," Applied Energy, Elsevier, vol. 273(C).
    16. Gul, Eid & Baldinelli, Giorgio & Bartocci, Pietro & Shamim, Tariq & Domenighini, Piergiovanni & Cotana, Franco & Wang, Jinwen & Fantozzi, Francesco & Bianchi, Francesco, 2023. "Transition toward net zero emissions - Integration and optimization of renewable energy sources: Solar, hydro, and biomass with the local grid station in central Italy," Renewable Energy, Elsevier, vol. 207(C), pages 672-686.
    17. Tarroja, Brian & Hittinger, Eric, 2021. "The value of consumer acceptance of controlled electric vehicle charging in a decarbonizing grid: The case of California," Energy, Elsevier, vol. 229(C).
    18. Savolainen, Rebecka & Lahdelma, Risto, 2022. "Optimization of renewable energy for buildings with energy storages and 15-minute power balance," Energy, Elsevier, vol. 243(C).
    19. Ga-Eun Jung & Hae-Jin Sung & Minh-Chau Dinh & Minwon Park & Hyunkyoung Shin, 2021. "A Comparative Analysis of Economics of PMSG and SCSG Floating Offshore Wind Farms," Energies, MDPI, vol. 14(5), pages 1-18, March.
    20. Zhong, Like & Yao, Erren & Zou, Hansen & Xi, Guang, 2022. "Thermodynamic and economic analysis of a directly solar-driven power-to-methane system by detailed distributed parameter method," Applied Energy, Elsevier, vol. 312(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:15:y:2022:i:16:p:5796-:d:884657. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.