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Green hydrogen production for oil refining – Finnish case
This study investigates the production of green hydrogen for use in oil refining, as specified in the draft of European union delegated act published in May 2022. The European union plans to set strict requirements of additionality and reporting regarding the criteria of renewable electricity used i...
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Published in: | Renewable & sustainable energy reviews 2023-04, Vol.175, p.113159, Article 113159 |
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Main Authors: | , , |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites Items that cite this one |
Online Access: | Get full text |
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Summary: | This study investigates the production of green hydrogen for use in oil refining, as specified in the draft of European union delegated act published in May 2022. The European union plans to set strict requirements of additionality and reporting regarding the criteria of renewable electricity used in hydrogen production. Alkaline electrolyzer, proton exchange membrane electrolyzer and solid oxide electrolyzer are evaluated in various scenarios supplied by wind power: power purchase agreement-based scenarios and wind power investment-based scenarios. In power purchase agreement-based scenarios baseload and pay as produced power purchase agreements (with and without electricity storage) are assessed. According to results, the use of 600 MW compressed air energy storage could reduce the dependency on the grid by 7% but increase the cost of green hydrogen significantly. Investment-based scenarios produce green hydrogen with a lower operation cost, but higher break-even price compared to power purchase agreement-based scenarios. The cheapest green hydrogen can be achieved by alkaline electrolyzer with baseload power purchase agreement. Direct ownership of wind power is outside the operation of oil refining industry, thus power purchase agreements contracting is more likely to realize.
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•Green hydrogen production for industry with EU proposed rules is studied.•EU proposed rules drive renewable electricity investments to suboptimal sites.•PPA agreements for wind power will probably be used by industry.•Hydrogen break-even price is found to be 4–7 €/kgH2 in the Finnish case. |
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ISSN: | 1364-0321 1879-0690 |
DOI: | 10.1016/j.rser.2023.113159 |