Multi-state Techno-economic Model for Optimal Dispatch of Grid Connected Hydrogen Electrolysis Systems Operating Under Dynamic Conditions
Abstract
The production of hydrogen through water electrolysis is a promising pathway to decarbonize the energy sector. This paper presents a techno-economic model of electrolysis plants based on multiple states of operation: production, hot standby and idle. The model enables the calculation of the optimal hourly dispatch of electrolyzers to produce hydrogen for different end uses. This model has been tested with real data from an existing installation and compared with a simpler electrolyzer model that is based on two states. The results indicate that an operational strategy that considers the multi-state model leads to a decrease in final hydrogen production costs. These reduced costs will benefit businesses, especially while electrolysis plants grow in size to accommodate further increases in demand.