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A comparison of economic benefits of hydrogen production in DC based wind farms
Publikationstyp
Conference Paper
Date Issued
2024-02-14
Sprache
English
Citation
18. Symposium Energieinnovation, EnInnov2024
Contribution to Conference
This paper presents the economic evaluation of offshore hydrogen production from a DC wind farm. Depending on local regulations, wind farm operators sell electricity on the EPEX Spot market or receive fixed feed-in payments. The introduction of an electrolyzer provides the ability to produce hydrogen. Using real-world wind data, an optimal strategy to improve the economic viability of adding an electrolyzer to a DC wind farm is developed. The performance of this strategy is examined under different scenarios of electricity and hydrogen market prices.
Subjects
hydrogen
offshore
profitability
wind farm
DDC Class
333.7: Natural Resources, Energy and Environment
620: Engineering