Techno-economic assessment of offshore wind-to-hydrogen scenarios: A UK case study

Constructing micro-nano rod-shaped iron-molybdenum oxide heterojunctions to enhance overall water electrolysis

“…One means is converting this electrical energy to hydrogen and transferring it to the shore via either pipelines (which are much cheaper than electrical cables) or storage tanks (such as compressed hydrogen, liquefied hydrogen, LCOH, metal hydrides, etc.). A techno-economic evaluation of offshore wind-to-hydrogen scenarios conducted in the UK by Giampieri et al [47] showed that compressed hydrogen produced offshore is the most cost-effective scenario and stated that the economic feasibility is greatly affected by the storage period and the offshore wind farm distance to the shore. Also, the high annual capacity factor of offshore wind farms makes the use of offshore wind for hydrogen production advantageous as well and can help with affordable hydrogen production [48].…”

Exploring Green Hydrogen Applications and Optimization Methods in the Power Sector: A Comprehensive Review

“…Economic analyses provide valuable insights into the cost-effectiveness of green hydrogen production, storage, and utilization, thereby shaping GIGHS development and its integration into the broader energy landscape. In some instances, the economic analysis considers only the curtailment energy of RES [68,69,70], while other papers offer a more comprehensive assessment of the overall potential of GIGHS [71,72,73,74,75].…”

Towards a Low-Carbon Future for Offshore Oil and Gas Industry: A Smart Integrated Energy Management System with Floating Wind Turbines and Gas Turbines

“…Their analysis of integrating offshore renewable energy systems with O&G sectors revealed the advantages, contributions, and safety considerations of green hydrogen in decarbonizing offshore industries (Kumar et al, 2023). Giampieri et al (Giampieri et al, 2023) show that producing green hydrogen from offshore wind could achieve significant cost reduction by 2030 and 2050, making it competitive against grey and blue hydrogen. According to their study, compressed hydrogen production offshore is the most cost-effective scenario for projects starting in 2025, while alternative strategies like liquefied hydrogen or methylcyclohexane may become more cost-effective for projects beginning in 2050 (Giampieri et al, 2023).…”

“…Giampieri et al (Giampieri et al, 2023) show that producing green hydrogen from offshore wind could achieve significant cost reduction by 2030 and 2050, making it competitive against grey and blue hydrogen. According to their study, compressed hydrogen production offshore is the most cost-effective scenario for projects starting in 2025, while alternative strategies like liquefied hydrogen or methylcyclohexane may become more cost-effective for projects beginning in 2050 (Giampieri et al, 2023). Riboldi et al compared three offshore energy supply models: standard gas turbines, a hybrid GT-wind turbine setup, and a hybrid energy system for offshore integrating GTs, WTs, and hydrogen storage (Riboldi et al, 2020).…”