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

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

van der Veen, R.A.C. (TU Delft Energie and Industrie)
Verzijlbergh, R.A. (TU Delft Energie and Industrie)
Lukszo, Z. (TU Delft Energie and Industrie)
van Wijk, A.J.M. (TU Delft Energy Technology)

2017

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.

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

http://resolver.tudelft.nl/uuid:a551d1cb-ebd9-4b0c-bdcf-4c5f8e31f4c5

University of Maribor Press, Maribor, Slovenia

978-961-286-054-7

Proceedings of 10th International Conference on Sustainable Energy and Environmental Protection

10th International Conference on Sustainable Energy & Environmental Protection, 2017-06-27 → 2017-06-30, Bled, Slovenia

Institutional Repository

conference paper

© 2017 R.A.C. van der Veen, R.A. Verzijlbergh, Z. Lukszo, A.J.M. van Wijk