Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023)

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Research on Investment Economics of Hydrogen Production Project in Thermal Power Plant Under Auxiliary Service Market

Authors
Jing Jiang1, Hua Li1, *, ZhiWei Xie1, YiWei Xue1, Qi Luo1, RunQi Liu1
1Guangzhou Power Supply Bureau of Guangdong Power Grid Corporation, Guangdong, 510620, China
*Corresponding author. Email: 1342501019@qq.com
Corresponding Author
Hua Li
Available Online 23 August 2023.
DOI
10.2991/978-94-6463-224-8_34How to use a DOI?
Keywords
New energy consumption; Auxiliary service; Hydrogen production; Economical efficiency
Abstract

On the basis of analyzing the characteristics of hydrogen energy, the application status and development trend of hydrogen energy storage technology, the feasibility and advantages of participating in auxiliary service of peak load balancing for hydrogen production projects invested in thermal power were studied and analyzed, and the investment economy of hydrogen production projects was demonstrated by using traditional engineering economic evaluation methods combined with examples. Finally, this paper argues that thermal power plants sell electricity to hydrogen production enterprises at a low price during peak regulation period, the thermal power plants can gain profits, the hydrogen market has a good prospect, and the hydrogen production project itself can achieve a better return on investment.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
23 August 2023
ISBN
10.2991/978-94-6463-224-8_34
ISSN
2352-5428
DOI
10.2991/978-94-6463-224-8_34How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Jing Jiang
AU  - Hua Li
AU  - ZhiWei Xie
AU  - YiWei Xue
AU  - Qi Luo
AU  - RunQi Liu
PY  - 2023
DA  - 2023/08/23
TI  - Research on Investment Economics of Hydrogen Production Project in Thermal Power Plant Under Auxiliary Service Market
BT  - Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023)
PB  - Atlantis Press
SP  - 272
EP  - 279
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-224-8_34
DO  - 10.2991/978-94-6463-224-8_34
ID  - Jiang2023
ER  -