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- Title
The Life Cycle Assessment and Merit Order Effect of Green Hydrogen-Fueled Gas Turbine Power Plant.
- Authors
Heidary, Hadi; Janda, Karel
- Abstract
In this paper, an economic life cycle assessment of hydrogen-fueled gas turbine power plant is developed, where hydrogen is produced via electrolysis with electricity generated from renewable resources (green hydrogen). By this way, the continuous green electricity without fluctuation can be generated. With a great potential in solar irradiation, Iran can be a major country for producing green hydrogen. For this purpose, first, we simulate a 100 MW solar PV plant in Fars province and calculate annual electricity generation. Considering capital cost (Capex) and operations and maintenance costs (Opex) of plants including PV, electrolyzer, hydrogen storage and distribution facilities, and gas turbine, we estimate levelized cost of electricity from green H2-fueled gas turbine power plant. Because hydrogen technology has not matured yet, the analysis for both 2021 and 2040 will be conducted. Due to lower marginal production costs, the increase in renewable energy sources decreases electricity wholesale prices. In this paper, we also estimate long-term merit order effect (MOE) of electricity generated by green hydrogen on electricity wholesale price. The results show that in renewable/hydrogen-based forecast for electricity mix of 2040, electricity wholesale price is estimated around 6.38 c$/kWh, nearly 38% less than present wholesale price.
- Subjects
IRAN; PRODUCT life cycle assessment; GAS power plants; POWER plants; BUSINESS cycles; WHOLESALE prices; RENEWABLE energy sources; ELECTRICITY pricing
- Publication
Arabian Journal for Science & Engineering (Springer Science & Business Media B.V. ), 2024, Vol 49, Issue 2, p1855
- ISSN
2193-567X
- Publication type
Article
- DOI
10.1007/s13369-023-07966-8