Green hydrogen emerges as a key decarbonization solution for China's energy transition. This study explores the technical and economic viability of an offshore hydrogen production system powered by renewable energy sources, with a particular focus on a 3000 MW wind farm (a typical sea area). Utilizing techno-economic modelling, the study aims to optimize system components and forecast hydrogen production costs. The research identifies an optimal configuration that significantly reduces the levelized cost of hydrogen (LCOH) to 37.98 CNY/kg. This is achieved through the integration of 3820 MW of floating photovoltaic (PV) capacity and 2133 MWh of battery energy storage systems (BESS). The PV installations are the primary driver of cost reduction, lowering the LCOH by an estimated 1.47 CNY/kg. While BESS enhances system performance, its impact on cost reduction is less significant. The integration of PV capacity enhances electrolyzer efficiency and productivity, increasing annual operational hours by approximately 1132 h. The study projects that offshore green hydrogen will become competitive with grey hydrogen by 2035 and could surpass blue hydrogen in medium-to fast-advancement scenarios by 2050. The cost of hydrogen production is influenced by wind turbine and electrolyzer costs, which could further decrease with technological advancements, making green hydrogen highly competitive by 2050.This research underscores the importance of integrating offshore wind and floating PV for cost-effective, sustainable hydrogen production, providing insights into its potential as a key element in the transition to a zero-carbon energy economy.
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