Economic Dispatch of Hydrogen Systems in Energy Spot Markets

Shi You, Per Bromand Nørgård

    Research output: Contribution to journalJournal articleResearchpeer-review

    Abstract

    Hydrogen system, as a new energy carrier, could deliver clean and efficient energy services in a wide range of applications. This paper presents an economic dispatch-based mathematical model that facilitates investigations on the techno-economic feasibility of hydrogen systems in the context of energy spot markets. The generic hydrogen system is comprised of an electrolysis for hydrogen production, a hydrogen storage tank and a fuel cell system for cogeneration of electricity and heat. A case study is presented with information from practical hydrogen systems and the Nordic energy markets to demonstrate the effectiveness of the proposed model and approach.
    Original languageEnglish
    JournalJournal of Clean Energy Technologies
    Volume4
    Issue number2
    Pages (from-to)148-151
    DOIs
    Publication statusPublished - 2015

    Keywords

    • Economic dispatch
    • Energy market
    • Hydrogen system
    • Techno-economic feasibility

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