Economic Analysis of a Photovoltaic Hydrogen Refueling Station Based on Hydrogen Load

Lifei Song, Weijun Gao (), Liting Zhang (), Qifen Li and Hongbo Ren
Additional contact information
Lifei Song: Innovation and Entrepreneurship Engineering Training Center, Shanghai University of Electric Power, Shanghai 201306, China
Weijun Gao: Faculty of Environmental Engineering, The University of Kitakyushu, Kitakyushu 808-0135, Japan
Liting Zhang: College of Energy and Mechanical Engineering, Shanghai University of Electric Power, Shanghai 201306, China
Qifen Li: College of Energy and Mechanical Engineering, Shanghai University of Electric Power, Shanghai 201306, China
Hongbo Ren: College of Energy and Mechanical Engineering, Shanghai University of Electric Power, Shanghai 201306, China

Energies, 2023, vol. 16, issue 17, 1-24

Abstract: With the goal of achieving “carbon peak in 2030 and carbon neutrality in 2060”, as clearly proposed by China, the transportation sector will face long–term pressure on carbon emissions, and the application of hydrogen fuel cell vehicles will usher in a rapid growth period. However, true “zero carbon” emissions cannot be separated from “green hydrogen”. Therefore, it is of practical significance to explore the feasibility of renewable energy hydrogen production in the context of hydrogen refueling stations, especially photovoltaic hydrogen production, which is applied to hydrogen refueling stations (hereinafter referred to “photovoltaic hydrogen refueling stations”). This paper takes a hydrogen refueling station in Shanghai with a supply capacity of 500 kg/day as the research object. Based on a characteristic analysis of the hydrogen demand of the hydrogen refueling station throughout the day, this paper studies and analyzes the system configuration, operation strategy, environmental effects, and economics of the photovoltaic hydrogen refueling station. It is estimated that when the hydrogen price is no less than 6.23 USD, the photovoltaic hydrogen refueling station has good economic benefits. Additionally, compared with the conventional hydrogen refueling station, it can reduce carbon emissions by approximately 1237.28 tons per year, with good environmental benefits.

Keywords: hydrogen load; photovoltaic hydrogen refueling station; economic analysis (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: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/1996-1073/16/17/6406/pdf (application/pdf)
https://www.mdpi.com/1996-1073/16/17/6406/ (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:16:y:2023:i:17:p:6406-:d:1232804

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 ().