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2045. Fueling the Future: Optimizing Power-to-X Production in Renewable Energy Hubs through Flexible Operating Units
Invited abstract in session WC-9: Hydrogen and Electricity Modeling and Regulation I, stream Energy Markets.
Wednesday, 12:30-14:00Room: 10 (building: 116)
Authors (first author is the speaker)
| 1. | Johannes Giehl
|
| 2. | Dana Josephine Hentschel
|
| Copenhagen School of Energy Infrastructure (CSEI), Copenhagen Business School | |
| 3. | Jens Weibezahn
|
| Copenhagen School of Energy Infrastructure (CSEI), Copenhagen Business School |
Abstract
The European ambitions for a hydrogen economy require the rapid development and scaling of technology and business models. As frontrunners, the Nordics have the potential to contribute to and benefit from the establishment of hydrogen valleys with the development of energy hubs. Analyzing specific locations is essential to gain insight into the characteristics of optimal production, cost structures, and investments of hydrogen and its derivatives, like methanol. The application of an energy hub model for a case study of producing e-methanol in Southern Jutland helps to obtain specifics on the operation and structure of these business models. The model uses the Spine environment using Mixed Integer Linear Programming to investigate cost-optimal production and investments. Thus, the model helps to obtain specifics of the hub by a detailed representation with variable efficiency rates to improve the representation of flexibility by electrolysis and by-products such as the use of excess heat. An integrated sensitivity analysis enables the evaluation of the impact of regulatory measures and costs on the feasibility and viability of energy hubs. Results show the optimal costs alongside the energy flow of each technology. The evaluation of the energy hub focuses on the levelized cost of the depicted energy carriers. Further development will concentrate on refining investment implementation and integrating technological, and socio-economic aspects identified by the Nord_H2ub project.
Keywords
- OR in Energy
Status: accepted
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