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Research on investment planning of power-hydrogen system considering the multi-stakeholder benefit

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  • Shi, Mengshu
  • Huang, Yuansheng

Abstract

As the penetration of renewable energy sources continues to increase, the stability of the grid is being challenged. Solutions are needed to curb fluctuations in renewable energy generation and ensure a stable electricity supply. As a clean and efficient secondary energy source, hydrogen energy plays an important role in the power system. However, the development of hydrogen energy storage systems is currently limited by technology and costs, making it difficult to scale up. How to invest to make hydrogen storage economical is worth studying. This paper constructs a regional microgrid system, considering the economics of investment by renewable energy generators (REGs) and integrated energy operators (IEOs), and the sensitivity of the payback period under conditions of market adjustment and technological progress. A combination of the Gurobi and Particle Swarm Optimization (PSO) algorithm is used to solve the investment optimization model, and Shapley is used to allocate multi-intelligence benefits. The results show that: (1) the investment returns and payback periods of REG are within a reasonable range; (2) IEO is hardly economical in the presence of market price changes and technological advances. On this basis, this paper constructs a win-win investment model for REG and IEO and explores the distribution of benefits under their cooperation model. The results show an increase in return on investment of 0.34% for REG and 1% for IEO following investments by REG in partnership with IEO.

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  • Shi, Mengshu & Huang, Yuansheng, 2022. "Research on investment planning of power-hydrogen system considering the multi-stakeholder benefit," Renewable Energy, Elsevier, vol. 199(C), pages 1408-1423.
    • Handle: RePEc:eee:renene:v:199:y:2022:i:c:p:1408-1423
    DOI: 10.1016/j.renene.2022.08.153
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    References listed on IDEAS

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    1. Guannan He & Dharik S. Mallapragada & Abhishek Bose & Clara F. Heuberger & Emre Genc{c}er, 2021. "Sector coupling via hydrogen to lower the cost of energy system decarbonization," Papers 2103.03442, arXiv.org.
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    1. Yi, Xinning & Lu, Tianguang & Li, Yixiao & Ai, Qian & Hao, Ran, 2025. "Collaborative planning of multi-energy systems integrating complete hydrogen energy chain," Renewable and Sustainable Energy Reviews, Elsevier, vol. 210(C).

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