Techno-Economics of Distributed Generation and Storage of Solar Hydrogen



Similar documents
Stationary Energy Storage Solutions 3. Stationary Energy Storage Solutions

STORAGE IS THE FUTURE: MAKING THE MOST OF BATTERIES

Power Generation. Lilian Macleod Power Supply Manager National Grid

From today s systems to the future renewable energy systems. Iva Ridjan US-DK summer school AAU Copenhagen 17 August 2015

Preparatory Paper on Focal Areas to Support a Sustainable Energy System in the Electricity Sector

Calliope Energy Systems Modeling Framework

Heating technology mix in a future German energy system dominated by renewables

Founded 1900, 8 Nobel Prize Winners Premiere Centre for Science & Engineering

How To Make Money From Energy Storage

State Aid Analysis for Electricity Market Reform

Busting Myths about Renewable Energy

Demand Response Market Overview. Glossary of Demand Response Services

ESC Project: INMES Integrated model of the energy system

Levelized Cost of New Electricity Generating Technologies

Wind and solar reducing consumer bills An investigation into the Merit Order Effect

Levelized Cost and Levelized Avoided Cost of New Generation Resources in the Annual Energy Outlook 2015

Testimony of Barbara D. Lockwood, P.E. Manager, Renewable Energy Arizona Public Service Company

Summary of the Impact assessment for a 2030 climate and energy policy framework

A vision of sustainable energy future: A multi-energy concept of smart energy systems Central European Student and Young Professionals Congress

Can India s Future Needs of Electricity be met by Renewable Energy Sources? S P Sukhatme Professor Emeritus IIT Bombay.

STORAGE ELECTRICITY. Improving the world through engineering

A Discussion of PEM Fuel Cell Systems and Distributed Generation

Nearly-zero, Net zero and Plus Energy Buildings How definitions & regulations affect the solutions

UTILITY BUSINESS MODELS Future of Utilities discussion 6 October Andy Kelly

Sodium Sulfur Battery. ENERGY STORAGE SYSTEM for Reducing CO2 Emissions

Dr Jonathan Radcliffe, Senior Research Fellow, and CLCF Programme Director FAPESP, 12 May, 2014 DELIVERING FLEXIBILITY IN ENERGY SYSTEMS

Value of storage in providing balancing services for electricity generation systems with high wind penetration

GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 2013

Storage Battery System Using Lithium ion Batteries

THE NET BENEFITS OF LOW AND NO-CARBON ELECTRICITY TECHNOLOGIES

Comparison of CO 2 Abatement Costs in the United States for Various Low and No Carbon Resources. Total System Levelized Cost Based on EIA LCOE

New Energy Alternatives

Foratom event 29 April 2015

Developing Ocean Energy in Ireland. Belmullet Wave Energy Test Site

Fuel cell microchp: Greener and cheaper energy for all

SECTION 1. PREAMBLE 3 SECTION 2. EXECUTIVE SUMMARY 4 ABOUT US 6

ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL INENCO OVERVIEW

Perspectives on CRMs from an Academic Point of View

Smart solutions for fleets of all types & sizes of power generation. Marcus König, E F IE SGS / September 2013

Ubiquitous Computing in Business Processes Part V

Different types of electricity markets modelled using PLEXOS Integrated Energy Model The UK Balancing Market example

Success story: Feed-In Tariffs Support renewable energy in Germany

Energy Productivity & Pricing

A macro-economic viewpoint. What is the real cost of offshore wind? siemens.com / wind

Page 1 of 11. F u t u r e M e l b o u r n e C o m m i t t e e Agenda Item 7.1. Notice of Motion: Cr Wood, Renewable Energy Target 9 September 2014

Agent-Based Micro-Storage Management for the Smart Grid

Multiple sources of energy will be available, giving the consumer choices. A Higher Percentage of Energy will come from renewable energy sources

wind power and the UK wind resource

Annual Electricity and Heat Questionnaire

GB Electricity Market Summary

SOLAR PURCHASE POWER AGREEMENT (PPA) FREQUENTLY ASKED QUESTIONS. UPDATED: October 28, 2015

This seeks to define Contracts for Difference (CfDs) and their relevance to energy related development in Copeland.

Austin Energy Resource, Generation and Climate Protection Plan to 2025: An Update of the 2020 Plan

Big Data Collection and Utilization for Operational Support of Smarter Social Infrastructure

ACCELERATING GREEN ENERGY TOWARDS The Danish Energy Agreement of March 2012

FULL SOLAR SUPPLY OF INDUSTRIALIZED COUNTRIES - THE EXAMPLE JAPAN

SMARTGRID Roadmap 1.

The Energy Transition in Germany Past, Present and Future

Solar power Availability of solar energy

Financing Hydrogen Projects Business cases and political support

Energy Storage for Renewable Integration

Fact Sheet on China s energy sector and Danish solutions

Evolution of the smart grid in China

Reasons why BEF Renewable Energy Certificates are the Right Choice

Subsidising Biomass Electricity - Contracts for Difference and what they mean for dedicated and converted biomass power stations

Role of Natural Gas in a Sustainable Energy Future

Natural Gas & Energy Efficiency: Keys to Reducing GHG Emissions

IMPACT OF GB S ELECTRICITY MARKET REFORM ON INTERCONNECTIONS, CONSEQUENCES ON NORDIC MARKET Michel Martin, 3 April 2014

CHINA 2050 HIGH RENEWABLE ENERGY PENETRATION SCENARIO AND RODAMAP STUDY

The Real Cost of Electrical Energy. Outline of Presentation

CLEAN ENERGY PROJECT ANALYSIS WITH RETSCREEN SOFTWARE

South Hook Gas Company Ltd is a London-based liquefied natural gas (LNG) import company, which owns and manages the regasification

Personal Power Stations: The Australian Market for Micro-Combined Heat and Power to 2021

Decarbonising electricity generation. Policy paper

FOSS4G-based energy management system for planning virtual power plants at the municipal scale

Wind Power and District Heating

Smart Cities. Integrated approach for innovative technologies. 2nd Annual Conference of the ETP on. Budapest, 6th May 2011

Renewable Energy Technology

UNDERSTANDING ENERGY BILLS & TARRIFS

Sensitivity analysis for concentrating solar power technologies

HERBERT T. HAYDEN SOLAR TECHNOLOGY COORDINATOR FOR ARIZONA PUBLIC SERVICE COMPANY PHOENIX ARIZONA

NERA Analysis of Energy Supplier Margins

Transcription:

Techno-Economics of Distributed Generation and Storage of Solar Hydrogen Philipp Grünewald, Tim Cockerill, Marcello Contestabile, Imperial College London, UK Abstract For hydrogen to become a truly sustainable energy vector, low carbon generation technologies need to be developed and brought to market. Hydrogen from solar energy is a promising approach, capable, if successfully developed, of producing hydrogen from an abundant source with greatly reduced carbon emissions. At present fundamental research on a wide range of solar hydrogen technologies is being investigated, including thermal, biological and electrochemical methods. The technoeconomic properties of these technologies differ significantly. Some are best suited to largescale centralised applications, whereas others may be employed on a smaller scale as part of a distributed energy resource strategy. This work focuses on understanding the commercial potential of distributed generation and storage of hydrogen for stationary applications within a future energy system. Of particular interest is the combination of different generation approaches with appropriate storage technology and capacity. The choice of each depends on a number of factors, including electricity price fluctuations and the temporal mismatch between solar generation and demand profiles. Figure 1: Conversion pathways for solar energy. 1 Energy Storage in a Low Carbon System Low carbon energy sources tend to be either intermittent (wind, PV, wave) or inflexible (nuclear). For a future energy system this is expected to make system balancing more difficult and UK electricity prices even more volatile than they already are.

A recent Monte Carlo simulation by Pöyry on a future energy scenario has resulted in periods of high electricity prices (> 1000 MWh-1), as well as periods of excess electricity, which has low or even negative prices as shown in Figure 3 (Cox, 2009). The price spikes are said to be necessary for plants with low load factors to be kept on the system to meet demand peaks. Given the potential for arbitrage between peak and trough prices, it appears interesting to question the role storage may play in such a future energy system. Despite over 3 decades of successful large scale storage applications in the UK and abroad, many of the future scenarios envisaged today do not consider storage as a significant part of the system. Instead, the ECCC recently stated that [ ] excess electricity could be channelled into domestic water and space heating thermal storage that would otherwise use gas''. (ECCC, 2010) Hydrogen storage in particular has widely been dismissed as `too inefficient'. Schaber claims, when comparing storage technologies, that [ ] if all other considerations are equal, efficiency is paramount [ ]'' (Schaber, 2004). This is certainly true for limited and precious resources. But how important is efficiency, when we are dealing with `excess electricity', as seen in Figure 2? Figure 2: Monte Carlo simulation results of electricity prices in a 2030 UK energy scenario. Periods of electricity valued in excess of 1000 /MWh contrast with negative dump load prices. (Cox, 2009)

2 Residential Storage Distributed solar generation tends to suffer from low capacity credit, since the time of generation does not coincide with peak demand. A conveniently storable form of energy would therefore be desirable. The benefit of such a storage pathway has been modelled based on the structure shown in Figure 3. Solar energy can be converted into electricity, heat or hydrogen. A time series of storage is built up from hourly generation and demand profiles. Introducing storage raises the utilisation and adds value by displacing grid supply. The best results have been achieved through a combination of all three forms of energy, suggesting that solar hydrogen may complement a highly renewable generation strategy. However the costs of local storage and conversion facilities are seen as prohibitive. Regional or national storage and distribution facilities are needed to support solar hydrogen generation. Figure 3: Model for temporally resolved energy flows in a residential application. 3 UK Storage The model for a UK wide use of storage follows a similar basic principle to the residential model by building up a time series of generation resource and demand profiles. The choice of energy sources has been expanded to include wind, nuclear and a generic class of fossil fuel plants. Data for the wind and solar resource is based on historical data over the previous 6 years, measured mostly in 1-hour intervals and interpolated to match the 30 min resolution of the National Grid energy consumption data. (National Grid, 2010; UK Meteorological Office, 2006)

Figure 4: Extract of time series of generation and demand. At times of excess generation energy is stored. Once demand exceeds generation from the low carbon sources, stored energy is released back into the system. Data based on National Grid (2010); UK Meteorological Office (2006). Heat demand is not considered in this model, to allow direct comparison with pure electric storage pathways, such as batteries. In practice, inclusion of CHP applications may shift the results in favour of hydrogen storage. The dispatch order is kept deliberately simple, to avoid any technology bias arising from inaccurately estimated merit orders. Nuclear power is delivered as base load, which does not respond to demand. Solar power and wind are dispatched whenever possible or else stored, if storage is available. Should demand not be met by nuclear, wind and solar energy, stored energy is used. Fossil fuel plants only operate to meet the remaining demand (see Figure 4). In terms of merit order, this strategy could be described as highly carbon price dominated, but not necessarily economically or strategically optimal. The resulting time series for flows in and out of storage gives an indication of the characteristics that are desirable in a large-scale storage system. If run unconstrained (i.e. infinite storage capacity and power) the power and storage capacity that would ideally be available can be estimated. Further, some typical usage patterns can be established from FFT plots and a storage duration histogram. With the inclusion of costs for energy storage capacity and power, a solver finds the most cost effective storage configuration for any given generation mix (see Figure 5). The exact electricity prices a storage operator could negotiate in practice are the result of several complex factors that are beyond the scope of this study. Fixed electricity prices have therefore been assumed for off-peak periods and times when stored energy is released. It has been found that large scale storage, providing arbitrage services in an energy system with more than 30 GW of renewable energy, can be economically viable. For the production of solar hydrogen to be competitive at the residential level, is more challenging. Large installations and a dynamic operation, delivering electricity, heat or hydrogen, are required, whilst meeting ambitious manufacturing cost targets of less than 1$/W p.

Figure 5: Example of optimum storage technologies for a range of system storage capacities and utilisation. References [1] J. Cox (2009). Impact Of Intermittency: How Wind Variability Could Change - The Shape Of The British And Irish Electricity Markets, Poyry Energy, Oxford. Technical Report. [2] ECCC (2010). The future of Britain s electricity networks. HC 194-I, House of Commons, Energy and Climate Change Committee, www.publications.parliament.uk/pa/cm200910/cmselect/cmenergy/194/194.pdf. London. [3] National Grid (2010). Metered half-hourly electricity demands. Online, Available from: www.nationalgrid.com/uk/electricity/data/demand+data/. [Accessed Jan 2010]. [4] C. Schaber, et al. (2004). Utility-Scale Storage of Renewable Energy. The Electricity Journal 17(6):21 29. [5] UK Meteorological Office (2006). MIDAS Land Surface Stations data (1853-current), British Atmospheric Data Centre, Online. Technical Report. Available from: http://badc.nerc.ac.uk/data/ukmo-midas.