Abstract
Renewable fuels of non-biological origin (RFNBOs) are needed to decarbonize hard-to-electrify sectors which rely on liquid or gaseous fuels, such as long-haul shipping. The EU's Delegated Act on RFNBOs defines renewable hydrogen by considering rules on additionality as well as temporal and geographical correlation of the electricity used. For a Danish case study, we examine the impact on the capacity expansion problem of an energy hub producing renewable hydrogen, e-methanol, and e-ammonia using a mixed-integer linear problem formulation. We analyze the investments in production capacity, storage assets, and Power Purchase Agreement (PPA) volume under different fuel price assumptions for 2030. We find that e-methanol (combined with limited storage to secure hydrogen supply to the synthesizer) provides the best business case with a PPA volume based on the maximum allowed electrolyzer size.
Original language | English |
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Title of host publication | Proceedings of the 19th International Conference on the European Energy Market, EEM 2023 |
Publisher | IEEE Computer Society Press |
Publication date | 2023 |
ISBN (Electronic) | 9798350312584 |
DOIs | |
Publication status | Published - 2023 |
Event | 19th International Conference on the European Energy Market - Lappeenranta, Finland Duration: 6 Jun 2023 → 8 Jun 2023 Conference number: 19 |
Conference
Conference | 19th International Conference on the European Energy Market |
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Number | 19 |
Country/Territory | Finland |
City | Lappeenranta |
Period | 06/06/2023 → 08/06/2023 |
Series | International Conference on the European Energy Market, EEM |
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ISSN | 2165-4077 |
Keywords
- Electrolyzer
- Energy Hub
- Hydrogen
- Power-to-X
- Renewable Fuel Regulation