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Management of Hybrid Wind and Photovoltaic System Electrolyzer for Green Hydrogen Production and Storage in the Presence of a Small Fleet of Hydrogen Vehicles—An Economic Assessment

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  • Anestis G. Anastasiadis

    (Department of Electrical and Electronics Engineering, University of West Attica, P. Ralli & Thivon 250, 12244 Athens, Greece
    Power Public Corporation (PPC S.A.), Xalkokondyli 22, 10432 Athens, Greece)

  • Panagiotis Papadimitriou

    (Department of Electrical and Electronics Engineering, University of West Attica, P. Ralli & Thivon 250, 12244 Athens, Greece)

  • Paraskevi Vlachou

    (Department of Mechanical Engineering, University of West Attica, P. Ralli & Thivon 250, 12244 Athens, Greece)

  • Georgios A. Vokas

    (Department of Electrical and Electronics Engineering, University of West Attica, P. Ralli & Thivon 250, 12244 Athens, Greece)

Abstract

Nowadays, with the need for clean and sustainable energy at its historical peak, new equipment, strategies, and methods have to be developed to reduce environmental pollution. Drastic steps and measures have already been taken on a global scale. Renewable energy sources (RESs) are being installed with a growing rhythm in the power grids. Such installations and operations in power systems must also be economically viable over time to attract more investors, thus creating a cycle where green energy, e.g., green hydrogen production will be both environmentally friendly and economically beneficial. This work presents a management method for assessing wind–solar–hydrogen (H 2 ) energy systems. To optimize component sizing and calculate the cost of the produced H 2 , the basic procedure of the whole management method includes chronological simulations and economic calculations. The proposed system consists of a wind turbine (WT), a photovoltaic (PV) unit, an electrolyzer, a compressor, a storage tank, a fuel cell (FC), and various power converters. The paper presents a case study of green hydrogen production on Sifnos Island in Greece through RES, together with a scenario where hydrogen vehicle consumption and RES production are higher during the summer months. Hydrogen stations represent H 2 demand. The proposed system is connected to the main power grid of the island to cover the load demand if the RES cannot do this. This study also includes a cost analysis due to the high investment costs. The levelized cost of energy (LCOE) and the cost of the produced H 2 are calculated, and some future simulations correlated with the main costs of the components of the proposed system are pointed out. The MATLAB language is used for all simulations.

Suggested Citation

  • Anestis G. Anastasiadis & Panagiotis Papadimitriou & Paraskevi Vlachou & Georgios A. Vokas, 2023. "Management of Hybrid Wind and Photovoltaic System Electrolyzer for Green Hydrogen Production and Storage in the Presence of a Small Fleet of Hydrogen Vehicles—An Economic Assessment," Energies, MDPI, vol. 16(24), pages 1-25, December.
    • Handle: RePEc:gam:jeners:v:16:y:2023:i:24:p:7990-:d:1297249
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    References listed on IDEAS

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    1. Tar, Károly, 2008. "Some statistical characteristics of monthly average wind speed at various heights," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(6), pages 1712-1724, August.
    2. Nelson, D.B. & Nehrir, M.H. & Wang, C., 2006. "Unit sizing and cost analysis of stand-alone hybrid wind/PV/fuel cell power generation systems," Renewable Energy, Elsevier, vol. 31(10), pages 1641-1656.
    3. Anestis, Anastasiadis & Georgios, Vokas, 2019. "Economic benefits of Smart Microgrids with penetration of DER and mCHP units for non-interconnected islands," Renewable Energy, Elsevier, vol. 142(C), pages 478-486.
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    1. Arkadiusz Małek & Andrzej Marciniak & Tomasz Bednarczyk, 2024. "Probabilistic Analysis of Electricity Production from a Photovoltaic–Wind Energy Mix for Sustainable Transport Needs," Sustainability, MDPI, vol. 16(23), pages 1-23, November.
    2. Spyros Kyrimis & Petros Dimas & Dimitrios Stamopoulos & Aggelos Tsakanikas, 2025. "Socio-Economic Impact Assessment of Hydrogen Injection in the Natural Gas Network," Energies, MDPI, vol. 18(3), pages 1-23, February.

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