Energy Procedia · 2014 · 66 citations · 10 references
EngineeringOperations ManagementEnergy EconomicsEnergy SystemsRenewable Energy SystemsEnergy Management SystemsEnergy StorageEnergy Storage IntegrationPower Sector EconomicsRenewable EnergyRenewable Energy TechnologyEconomic Performance MeasurementEconomic Sustainability PerformanceElectrical Energy Storage SystemsEnergy Storage TechnologiesNatural GasPower Plant DesignRenewable Energy StorageRenewable Energy Supply Chains
In this work a conceptual design of a Power-to-Gas (PtG) process for storing electrical energy in form of synthetic natural gas (SNG) of gas grid quality H is presented. The combination with a conventional lignite fired power plant (LPP) was investigated for possible improvement of its economic performance in times of fluctuating renewable energy supply. In this study for a PtG facility using 80 MWel (10% of LPP nominal capacity) a capital expenditure (CAPEX) of M$ 126 and operational (OPEX) of 31-33 M$/a were estimated. PtG provides a good alternative for storing surplus electrical energy and guaranteeing a viable LPP operation if the remuneration for the flexible operation is above 45 k$/operating hour respectively 56 $/operating hour/MWel which is at least 50% additional operational&maintenance (O&M) costs for a LPP. With decreasing alkaline electrolysis costs and an increasing share of renewable energy supply this concept would represent an energy strategic as well as economic advantage for energy suppliers in future.
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J.R. Rostrup-Nielsen, K. Pedersen, Jens Sehested · Applied Catalysis A General · 2007 · 288 citations