Abstract—Hydrogen system, as a new energy carrier, could deliver clean and efficient energy services in a wide range of applications. This paper presents an economic dispatch-based mathematical model that facilitates investigations on the techno-economic feasibility of hydrogen systems in the context of energy spot markets. The generic hydrogen system is comprised of an electrolysis for hydrogen production, a hydrogen storage tank and a fuel cell system for cogeneration of electricity and heat. A case study is presented with information from practical hydrogen systems and the Nordic energy markets to demonstrate the effectiveness of the proposed model and approach.
Index Terms—Economic dispatch, energy market, hydrogen system, techno-economic feasibility.
The authors are with the Center for Electric Power and Energy, Department of Electrical Engineering, Technical University of Denmark, Elektrovej 325, Lyngby, DK 2800, Denmark (e-mail: sy@elektro.dtu.dk, pern@elektro.dtu.dk).
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Cite:Shi You and Per Bromand Nørgård, "Economic Dispatch of Hydrogen Systems in Energy Spot Markets," Journal of Clean Energy Technologies vol. 4, no. 2, pp. 148-151, 2016.
