Operation of an industrial green amonnia fuel hub participating in secondary reserve markets

Green ammonia production stands as a pivotal component in the transition towards sustainable energy and agriculture, poised to revolutionize numerous industries. This paper presents an optimization control framework for industrial green ammonia fuel hubs to engage in electricity, hydrogen, and oxygen markets, addressing both economic and technical considerations. By evaluating scenarios with and without battery storage, this study demonstrates the potential for increased profitability and energy independence through secondary reserve market participation, alongside insights into the economic viability of photovoltaic investments. These findings underscore the importance of considering market dynamics and technological integration in the sustainable operation of green ammonia production hubs.

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Published
2024-10-14
DOI
https://doi.org/10.1109/isgteurope62998.2024.10863170
Primary Topic
Global Energy and Sustainability Research
Type
article
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article

Operation of an industrial green amonnia fuel hub participating in secondary reserve markets

António Coelho, Filipe Soares
Global Energy and Sustainability Research
article

Operation of an industrial green amonnia fuel hub participating in secondary reserve markets

António Coelho, Filipe Soares
article en

Abstract

Green ammonia production stands as a pivotal component in the transition towards sustainable energy and agriculture, poised to revolutionize numerous industries. This paper presents an optimization control framework for industrial green ammonia fuel hubs to engage in electricity, hydrogen, and oxygen markets, addressing both economic and technical considerations. By evaluating scenarios with and without battery storage, this study demonstrates the potential for increased profitability and energy independence through secondary reserve market participation, alongside insights into the economic viability of photovoltaic investments. These findings underscore the importance of considering market dynamics and technological integration in the sustainable operation of green ammonia production hubs.

INESC TEC (PT)
Openalex Percentile: Top 84%
Global Energy and Sustainability Research
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