Economic Evaluation Method for Electric-hydrogen Synergy Business model Based on Typical Application Scenarios

With the rapid development of renewable energy, the need for flexibility in regulating new power systems has become increasingly prominent. Electric-hydrogen synergy is emerging as a promising solution to support the efficient integration of renewable energy and ensure the safe, stable operation of modern power systems. This paper proposes a typical scenario for electric-hydrogen synergy and presents an economic evaluation method for multi-stakeholder interaction and business models. Through empirical studies comparing electric-hydrogen systems under various business models in different typical scenarios, the research demonstrates that grid-friendly models are both technically and economically feasible, with hydrogen storage projects showing slightly better economic performance than hydrogen storage combined with energy storage.

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Published
2024-11-29
DOI
https://doi.org/10.1109/ei264398.2024.10990531
Primary Topic
Sustainable Industrial Ecology
Type
article
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article

Economic Evaluation Method for Electric-hydrogen Synergy Business model Based on Typical Application Scenarios

Suxiu Li, Xifeng Zhang, Ning Zhang, Bibin Huang
Sustainable Industrial Ecology
article

Economic Evaluation Method for Electric-hydrogen Synergy Business model Based on Typical Application Scenarios

Suxiu Li, Xifeng Zhang, Ning Zhang, Bibin Huang
article en

Abstract

With the rapid development of renewable energy, the need for flexibility in regulating new power systems has become increasingly prominent. Electric-hydrogen synergy is emerging as a promising solution to support the efficient integration of renewable energy and ensure the safe, stable operation of modern power systems. This paper proposes a typical scenario for electric-hydrogen synergy and presents an economic evaluation method for multi-stakeholder interaction and business models. Through empirical studies comparing electric-hydrogen systems under various business models in different typical scenarios, the research demonstrates that grid-friendly models are both technically and economically feasible, with hydrogen storage projects showing slightly better economic performance than hydrogen storage combined with energy storage.

State Grid Corporation of China (China) (CN), Energy Research Institute (CN)
Openalex Percentile: Top 56%
Sustainable Industrial Ecology
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Economic Evaluation Method for Electric-hydrogen Synergy Business model Based on Typical Application Scenarios — Suxiu Li, Xifeng Zhang, et al. · (2024) | TGRS Research Map | TGRS