2020
DOI: 10.1016/j.apenergy.2020.114732
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Hydrogen from offshore wind: Investor perspective on the profitability of a hybrid system including for curtailment

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Cited by 114 publications
(48 citation statements)
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“…With the increasing presence of renewable energy in the grid, higher levels of curtailment in renewable power plants will take place. Considering this reasoning, a study was conducted to compare three scenarios using an offshore wind farm [45]: sell all electricity to the grid (scenario 1), convert all electricity to hydrogen (scenario 2), or a hybrid system where electricity is sold to the grid when prices are high and converted to hydrogen when curtailment occurs or electricity prices are low (scenario 3). A model was developed for a 504 MW wind farm located 14.5 km off the coast of Arklow, Ireland, and all three scenarios were simulated.…”
Section: State-of-the-art Reviewmentioning
confidence: 99%
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“…With the increasing presence of renewable energy in the grid, higher levels of curtailment in renewable power plants will take place. Considering this reasoning, a study was conducted to compare three scenarios using an offshore wind farm [45]: sell all electricity to the grid (scenario 1), convert all electricity to hydrogen (scenario 2), or a hybrid system where electricity is sold to the grid when prices are high and converted to hydrogen when curtailment occurs or electricity prices are low (scenario 3). A model was developed for a 504 MW wind farm located 14.5 km off the coast of Arklow, Ireland, and all three scenarios were simulated.…”
Section: State-of-the-art Reviewmentioning
confidence: 99%
“…The more economically viable electricity sources for producing green hydrogen are solar PV and onshore wind, mainly because the LCOE of these two energy sources is considerably lower than solar CSP and offshore wind. The LCOE is the factor that influences the LCOH the most [20,45]; therefore, technologies with the lowest LCOE are the best suited to being the electricity source in green hydrogen projects. More specifically, the lowest LCOH for solar PV was found in the Atacama Desert in Chile [20], and the lowest LCOH for onshore wind was found in Patagonia [44], two locations with abundant availability of their respective renewable resources.…”
Section: State-of-the-art Reviewmentioning
confidence: 99%
“…Subsequently, Shell company announced plans to start North2, which is the largest in Europe and possibly the world's largest offshore hydrogen plant. It is worth mentioning that the cost of offshore green hydrogen is still not competitive compared to other hydrogen production methods, but this cost is expected to decrease as offshore wind turbine and hydrogen production technologies become mature 132 …”
Section: Future Trend Of Owecmentioning
confidence: 99%
“…The wind speed and wind direction are shown as a wind rose in Figure 3A as well as the wind speed frequency ( Figure 3B). Wind speed was extrapolated to the turbine hub height of 95 m using the power law with an exponent of 0.13 (McDonagh et al, 2020). The power curve of the V90 2.0 MW wind turbine (Vestas, Denmark) was used to convert wind speed into power for parks with 10-40 wind turbines depending on the case assessed (see Agricultural H 2 Demand).…”
Section: Wind Power Productionmentioning
confidence: 99%