Exploring the profit potential of energy storage in a car park using electrolysis, hydrogen storage and fuel cell electric vehicles

Research output: Chapter in Book/Conference proceedings/Edited volumeConference contributionScientificpeer-review

2 Downloads (Pure)

Abstract

The Car Park as Power Plant (CPPP) is a main business concept related to a future integrated sustainable mobility and energy system in which hydrogen is a key energy carrier. In order to investigate the uncertain profitability of the CPPP concept, an optimisation model has been developed of a CPPP system that includes an electrolyser, a hydrogen storage tank, and fuel cell electric vehicles, which can produce electricity from hydrogen. The potential profits that can be obtained with electricity price arbitrage through energy storage are explored by means of various energy market scenarios. It is concluded that the CPPP electricity arbitrage business model can be profitable for a future system with a high share of wind and solar power, but that profit levels are highly dependent on electricity prices in hours with low wind and solar power generation.
Original languageEnglish
Title of host publicationProceedings of 10th International Conference on Sustainable Energy and Environmental Protection
Place of PublicationMaribor, Slovenia
PublisherUniversity of Maribor Press
Pages161-172
ISBN (Print)978-961-286-054-7
Publication statusPublished - 2017
Event10th International Conference on Sustainable Energy & Environmental Protection - Bled, Slovenia
Duration: 27 Jun 201730 Jun 2017

Conference

Conference10th International Conference on Sustainable Energy & Environmental Protection
Abbreviated titleSEEP 2017
Country/TerritorySlovenia
CityBled
Period27/06/1730/06/17

Keywords

  • car park
  • Fuel cell electric vehicle
  • electrolysis
  • hydrogen storage
  • Vehicle-to-grid

Fingerprint

Dive into the research topics of 'Exploring the profit potential of energy storage in a car park using electrolysis, hydrogen storage and fuel cell electric vehicles'. Together they form a unique fingerprint.

Cite this