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- W3204900547 abstract "Constrained by the expansion of the power grid, the development of offshore wind farms may be hindered and begin to experience severe curtailment or restriction. The combination of hydrogen production through electrolysis and hydrogen-to-power is considered to be a potential option to achieve the goal of low-carbon and energy security. This work investigates the competitiveness of different system configurations to export hydrogen and/or electricity from offshore plants, with particular emphasis on unloading the mixture of hydrogen and electricity to end-users on land. Including the levelized energy cost and net present value, a comprehensive techno-economic assessment method is proposed to analyze the offshore system for five scenarios. Assuming that the baseline distance is 10 km, the results show that exporting hydrogen to land through pipelines shows the best economic performance with the levelized energy cost of 3.40 $/kg. For every 10 km increase in offshore distance, the net present value of the project will be reduced by 5.69 MU$, and the project benefit will be positive only when the offshore distance is less than 53.5 km. An important finding is that the hybrid system under ship transportation mode is not greatly affected by the offshore distance. Every 10% increase in the proportion of hydrogen in the range of 70%–100% can increase the net present value by 1.43–1.70 MU$, which will increase by 7.36–7.37 MU$ under pipeline transportation mode. Finally, a sensitivity analysis was carried out to analyze the wind speed, electricity and hydrogen prices on the economic performance of these systems." @default.
- W3204900547 created "2021-10-11" @default.
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- W3204900547 date "2021-11-01" @default.
- W3204900547 modified "2023-10-17" @default.
- W3204900547 title "Roadmap to hybrid offshore system with hydrogen and power co-generation" @default.
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- W3204900547 doi "https://doi.org/10.1016/j.enconman.2021.114690" @default.
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