Nistor, S, Dave, S, Fan, Z and Sooriyabandara, M (2016) Technical and economic analysis of hydrogen refuelling. Applied Energy, 167. 211 - 220.

[img]
Preview
Text
Z Fan - Technical and economic analysis of hydrogen refuelling.pdf - Accepted Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.

Download (970kB) | Preview

Abstract

This paper focuses on technical and economic analysis of a hydrogen refilling station to provide operational insight through tight coupling of technical models of physical processes and economic models. This allows the dynamic relationships of the system to be captured and analysed to provide short/medium term analytical capability to support system design, planning, and financing. The modelling developed here highlights the need to closely link technical and economic models for technology led projects where technical capability and commercial feasibility are important. The results show that hydrogen fuel can be competitive with petrol on a GBP/KG basis if the return on investment period is over 10 years for PEM electrolysers and 5 for Alkaline electrolysers. We also show that subsidies on capital costs (as reflected by some R&D funding programs) make both PEM and Alkaline technologies cheaper than the equivalent price of petrol, which suggests more emphasis should be put on commercialising R&D funded projects as they have commercial advantages. The paper also shows that a combined wind and grid connected station is preferable so that a higher number of customers are served (i.e. minimum shortage of hydrogen).

Item Type: Article
Uncontrolled Keywords: Hydrogen production; Hydrogen economics; PEM; Alkaline; Wind integration
Subjects: Q Science > QA Mathematics
Q Science > QD Chemistry
Divisions: Faculty of Natural Sciences > School of Computing and Maths
Related URLs:
Depositing User: Symplectic
Date Deposited: 03 Jul 2017 10:12
Last Modified: 15 Apr 2019 09:35
URI: http://eprints.keele.ac.uk/id/eprint/3714

Actions (login required)

View Item View Item