EconPapers    
Economics at your fingertips  
 

A Stochastic Programming Approach for the Planning and Operation of a Power to Gas Energy Hub with Multiple Energy Recovery Pathways

Ushnik Mukherjee, Azadeh Maroufmashat, Apurva Narayan, Ali Elkamel and Michael Fowler
Additional contact information
Ushnik Mukherjee: Department of Chemical Engineering, University of Waterloo, 200 University Avenue West, Waterloo, ON N2L 3G1, Canada
Azadeh Maroufmashat: Department of Chemical Engineering, University of Waterloo, 200 University Avenue West, Waterloo, ON N2L 3G1, Canada
Apurva Narayan: Department of Electrical and Computer Engineering, University of Waterloo, 200 University Avenue West, Waterloo, ON N2L 3G1, Canada
Ali Elkamel: Department of Chemical Engineering, University of Waterloo, 200 University Avenue West, Waterloo, ON N2L 3G1, Canada
Michael Fowler: Department of Chemical Engineering, University of Waterloo, 200 University Avenue West, Waterloo, ON N2L 3G1, Canada

Energies, 2017, vol. 10, issue 7, 1-27

Abstract: There is a need for energy storage to improve the efficiency and effectiveness of energy distribution with the increasing penetration of renewable energy sources. Among the various energy storage technologies being developed, ‘power-to-gas’ is one such concept which has gained interest due to its ability to provide long term energy storage and recover the energy stored through different energy recovery pathways. Incorporation of such systems within the energy infrastructure requires analysis of the key factors influencing the operation of electrolyzers and hydrogen storage. This study focusses on assessing the benefits power-to-gas energy storage while accounting for uncertainty in the following three key parameters that could influence the operation of the energy system: (1) hourly electricity price; (2) the number of fuel cell vehicles serviced; and (3) the amount of hydrogen refueled. An hourly time index is adopted to analyze how the energy hub should operate under uncertainty. The results show that there is a potential economic benefit for the power-to-gas system if it is modeled using the two-stage stochastic programming approach in comparison to a deterministic optimization study. The power-to-gas system also offers environmental benefits both from the perspective of the producer and end user of hydrogen.

Keywords: power to gas; fuel cell vehicles; stochastic programming; demand response; Hydrogen Energy (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
https://www.mdpi.com/1996-1073/10/7/868/pdf (application/pdf)
https://www.mdpi.com/1996-1073/10/7/868/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:10:y:2017:i:7:p:868-:d:102948

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-24
Handle: RePEc:gam:jeners:v:10:y:2017:i:7:p:868-:d:102948