Abstract

The expansion of renewable electricity storage technologies, including green hydrogen storage, is spurred by the need to address the high costs associated with hydrogen storage and the imperative to increase storage capacity. The initial section of the paper examines the intricacies of storing electricity generated from renewable sources, particularly during peak periods, through green hydrogen. Two primary challenges arise: firstly, the complexity inherent in the storage technology and its adaptation for electricity reproduction; and secondly, the cost implications throughout the technological chain, resulting in a significant increase in the price of the reproduced energy. Electric energy storage emerges as a pivotal solution to accommodate the growing proportion of renewable energy within contemporary energy systems, which were previously characterized by high stability. During the transition to renewable-based energy systems, optimizing energy storage technology to manage power fluctuations is crucial, considering both initial capital investment and ongoing operational expenses. The economic analysis primarily focuses on scenarios where electricity generated from renewable sources is integrated into existing power grids. The subsequent part of this paper explores the possibility of localizing excess electricity storage within a specific system, illustrated by domestic hot water.

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