Balancing wind-power fluctuation via onsite storage under uncertainty: Power-to-hydrogen-to-power versus lithium battery. (December 2019)
- Record Type:
- Journal Article
- Title:
- Balancing wind-power fluctuation via onsite storage under uncertainty: Power-to-hydrogen-to-power versus lithium battery. (December 2019)
- Main Title:
- Balancing wind-power fluctuation via onsite storage under uncertainty: Power-to-hydrogen-to-power versus lithium battery
- Authors:
- Zhang, Yumeng
Wang, Ligang
Wang, Ningling
Duan, Liqiang
Zong, Yi
You, Shi
Maréchal, François
Van herle, Jan
Yang, Yongping - Abstract:
- Abstract: Imbalance costs caused by forecasting errors are considerable for grid-connected wind farms. In order to reduce such costs, two onsite storage technologies, i.e., power-to-hydrogen-to-power and lithium battery, are investigated considering 14 uncertain technological and economic parameters. Probability density distributions of wind forecasting errors and power level are first considered to quantify the imbalance and excess wind power. Then, robust optimal sizing of the onsite storage is performed under uncertainty to maximize wind-farm profit (the net present value). Global sensitivity analysis is further carried out for parameters prioritization to highlight the key influential parameters. The results show that the profit of power-to-hydrogen-to-power case is sensitive to the hydrogen price, wind forecasting accuracy and hydrogen storage price. When hydrogen price ranges in (2, 6) €/kg, installing only electrolyzer can earn profits over 100 k€/MWWP in 9% scenarios with capacity below 250 kW/MWWP, under high hydrogen price (over 4 €/kg); while installing only fuel cell can achieve such high profits only in 1.3% scenarios with capacity below 180 kW/MWWP . Installing both electrolyzer and fuel cell (only suggested in 22% scenarios) results in profits below 160 k€/MWWP, and particularly 20% scenarios allow for a profit below 50 k€/MWWP due to the contradictory effects of wind forecasting error, hydrogen and electricity price. For lithium battery, investment cost isAbstract: Imbalance costs caused by forecasting errors are considerable for grid-connected wind farms. In order to reduce such costs, two onsite storage technologies, i.e., power-to-hydrogen-to-power and lithium battery, are investigated considering 14 uncertain technological and economic parameters. Probability density distributions of wind forecasting errors and power level are first considered to quantify the imbalance and excess wind power. Then, robust optimal sizing of the onsite storage is performed under uncertainty to maximize wind-farm profit (the net present value). Global sensitivity analysis is further carried out for parameters prioritization to highlight the key influential parameters. The results show that the profit of power-to-hydrogen-to-power case is sensitive to the hydrogen price, wind forecasting accuracy and hydrogen storage price. When hydrogen price ranges in (2, 6) €/kg, installing only electrolyzer can earn profits over 100 k€/MWWP in 9% scenarios with capacity below 250 kW/MWWP, under high hydrogen price (over 4 €/kg); while installing only fuel cell can achieve such high profits only in 1.3% scenarios with capacity below 180 kW/MWWP . Installing both electrolyzer and fuel cell (only suggested in 22% scenarios) results in profits below 160 k€/MWWP, and particularly 20% scenarios allow for a profit below 50 k€/MWWP due to the contradictory effects of wind forecasting error, hydrogen and electricity price. For lithium battery, investment cost is the single highly influential factor, which should be reduced to 760 €/kWh. The battery capacity is limited to 88 kW h/MWWP . For profits over 100 k€/MWWP (in 3% scenarios), the battery should be with an investment cost below 510 €/kWh and a depth of discharge over 63%. The power-to-hydrogen-to-power case is more advantageous in terms of profitability, reliability and utilization factor (full-load operating hours), while lithium battery is more helpful to reduce the lost wind and has less environmental impact considering current hydrogen market. Highlights: Power-to-hydrogen-to-power and lithium battery evaluated for balancing wind power fluctuation. Fourteen uncertain parameters considered simultaneously for robust sizing of onsite storage. Capacity of fuel cell, electrolyzer, battery limited to 180 kW/MWWP, 250 kW/MWWP and 88 kW h/MWWP . Power-to-hydrogen-to-power advantageous in terms of profitability, reliability and utilization factor. Lithium battery helpful to reduce the lost wind and with less environmental impact. … (more)
- Is Part Of:
- Renewable & sustainable energy reviews. Volume 116(2019)
- Journal:
- Renewable & sustainable energy reviews
- Issue:
- Volume 116(2019)
- Issue Display:
- Volume 116, Issue 2019 (2019)
- Year:
- 2019
- Volume:
- 116
- Issue:
- 2019
- Issue Sort Value:
- 2019-0116-2019-0000
- Page Start:
- Page End:
- Publication Date:
- 2019-12
- Subjects:
- Wind forecasting errors -- Onsite storage -- Lithium battery -- Power-to-hydrogen-to-power -- Uncertainty -- Global sensitivity analysis
Renewable energy sources -- Periodicals
Power resources -- Periodicals
Énergies renouvelables -- Périodiques
Ressources énergétiques -- Périodiques
333.794 - Journal URLs:
- http://www.sciencedirect.com/science/journal/13640321 ↗
http://www.elsevier.com/journals ↗
http://www.journals.elsevier.com/renewable-and-sustainable-energy-reviews ↗ - DOI:
- 10.1016/j.rser.2019.109465 ↗
- Languages:
- English
- ISSNs:
- 1364-0321
- Deposit Type:
- Legaldeposit
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- Available online (eLD content is only available in our Reading Rooms) ↗
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- British Library DSC - 7364.186000
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