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Sizing, Optimization, and Financial Analysis of a Green Hydrogen Refueling Station in Remote Regions

Abstract

Hydrogen (H2 ) can be a promising energy carrier for decarbonizing the economy and especially the transport sector, which is considered as one of the sectors with high carbon emissions due to the extensive use of fossil fuels. H2 is a nontoxic energy carrier that could replace fossil fuels. Fuel Cell Electric Vehicles (FCEVs) can decrease air pollution and reduce greenhouse gases when H2 is produced from Renewable Energy Sources (RES) and at the same time being accessible through a widespread network of Hydrogen Refueling Stations (HRSs). In this study, both the sizing of the equipment and financial analysis were performed for an HRS supplied with H2 from the excess electrical energy of a 10 MW wind park. The aim was to determine the optimum configuration of an HRS under the investigation of six different scenarios with various numbers of FCEVs and monthly demands, as well as ascertaining the economic viability of each examined scenario. The effect of the number of vehicles that the installation can refuel to balance the initial cost of the investment and the fuel cost in remote regions was investigated. The results showed that a wind-powered HRS could be a viable solution when sized appropriately and H2 can be used as a storage mean for the rejected wind energy. It was concluded that scenarios with low FCEVs penetration have low economic performance since the payback period presented significantly high values.

Related subjects: Applications & Pathways
Countries: Greece
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/content/journal2976
2022-01-13
2022-01-18
http://instance.metastore.ingenta.com/content/journal2976
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