14th IEEE PowerTech Conference - PowerTech 2021, Madrid (Spain) Online. 27 June - 02 July 2021
Summary:
The green hydrogen (H2) technology has an important role to play in the European Union energy strategy towards decarbonization. Apart from traditional H2 industrial usages, there is an increasing attention to its use in the heavy transport sector, in other energy-intensive industries, and in heating applications. Green H2 production is planned to be based on renewable electricity generation and its production at an industrial scale may have a significant impact on the electricity markets. This research assesses the electricity cost of producing H2 and its impact on the Iberian electricity market. Different evolution scenarios including a partially flexible H2 demand, based on the Spanish and Portuguese energy and climate plans, have been considered for this assessment.
Keywords: decarbonization, hydrogen, electricity cost, power sector, electricity market.
DOI:
https://doi.org/10.1109/PowerTech46648.2021.9494942
Published in 2021 IEEE Madrid PowerTech, pp: 1-6, ISBN: 978-1-6654-1173-8
Publication date: 2021-06-27.
Citation:
A. Rodrigues de Oliveira, J. Villar, J.P. Tomé Saraiva, S. Doménech, F.A. Campos, Electricity cost of green hydrogen generation in the Iberian electricity market, 14th IEEE PowerTech Conference - PowerTech 2021, Madrid (Spain) Online. 27 June - 02 July 2021. In: 2021 IEEE Madrid PowerTech: Conference proceedings, ISBN: 978-1-6654-1173-8