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International Journal of Hydrogen Energy, Vol.34, No.7, 2845-2854, 2009
Economical assessment of a wind-hydrogen energy system using WindHyGen (R) software
This paper considers the problem of analyzing the economical feasibility of a wind-hydrogen energy storage and transformation system. Energy systems based on certain renewable sources as wind power, have the drawback of random input making them a non-reliable supplier of energy. Regulation of output energy requires the introduction of new equipment with the capacity to store it. We have chosen the hydrogen as an energy storage system due to its versatility. The advantage of these energy storage systems is that the energy can be used (sold) when the demand for energy rises, and needs (prices) therefore are higher. There are two disadvantages: (a) the cost of the new equipment and (b) energy loss due to inefficiencies in the transformation processes. In this research we develop a simulation model to aid in the economic assessment of this type of energy systems, which also integrates an optimization phase to simulate optimal management policies. Finally we analyze a wind-hydrogen farm in order to determine its economical viability compared to current wind farms. (C) 2009 International Association for Hydrogen Energy. Published by Elsevier Ltd. All rights reserved
Keywords:Computer application;Wind power;Hydrogen;Techno-economical analysis;Simulation;Optimization