Abstract
Green hydrogen is increasingly cited as a solution to the decarbonisation of industry. Its large-scale production is still a recent topic with uncertainties. In this paper, an economic impact assessment (EIA) method is explained. A modular and flexible cost model is generated, which estimates the LCOE (Levelized Cost of Energy) of an offshore wind farm and the LCOH (Levelized Cost of Hydrogen) of a hydrogen generation plant either as a hybrid renewable energy system (HRES) or independent from each other. The costs are estimated using a schedule-based approach, which considers the reliability, maintenance operations as well as production of both the offshore wind farm and the hydrogen generation plant. Developed EIA is demonstrated for Belgium using Mermaid Offshore Wind Farm.
| Original language | English |
|---|---|
| Title of host publication | WindEurope Annual Event 2023 |
| Editors | Amir R. Nejad |
| Number of pages | 12 |
| Volume | 2507 |
| Publisher | IOP Publishing |
| Publication date | 2023 |
| Article number | 012012 |
| DOIs | |
| Publication status | Published - 2023 |
| Event | WindEurope Annual Event 2023 - Copenhagen, Denmark Duration: 25 Apr 2023 → 27 Apr 2023 |
Conference
| Conference | WindEurope Annual Event 2023 |
|---|---|
| Country/Territory | Denmark |
| City | Copenhagen |
| Period | 25/04/2023 → 27/04/2023 |
| Series | Journal of Physics: Conference Series |
|---|---|
| ISSN | 1742-6588 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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