Turning the wind into hydrogen: The long-run impact on electricity prices and generating capacity

Green, Richard, Hu, Helen and Vasilakos, Nicholas ORCID: https://orcid.org/0000-0003-3279-2885 (2011) Turning the wind into hydrogen: The long-run impact on electricity prices and generating capacity. Energy Policy, 39 (7). pp. 3992-3998.

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Abstract

Hydrogen production via electrolysis has been proposed as a way of absorbing the fluctuating electricity generated by wind power, potentially allowing the use of cheap electricity at times when it would otherwise be in surplus. We show that large-scale adoption of electrolysers would change the shape of the load–duration curve for electricity, affecting the optimal capacity mix. Nuclear power stations will replace gas-fired power stations, as they are able to run for longer periods of time. Changes in the electricity capacity mix will be much greater than changes to the pattern of prices. The long-run supply price of hydrogen will thus tend to be insensitive to the amount produced.

Item Type: Article
Faculty \ School: Faculty of Social Sciences > Norwich Business School
UEA Research Groups: Faculty of Social Sciences > Research Groups > Responsible Business Regulation Group
Faculty of Social Sciences > Research Centres > Centre for Competition Policy
University of East Anglia Schools > Faculty of Science > Tyndall Centre for Climate Change Research
Faculty of Science > Research Centres > Tyndall Centre for Climate Change Research
Depositing User: Nicholas Vasilakos
Date Deposited: 12 Apr 2011 18:09
Last Modified: 15 Jun 2023 09:31
URI: https://ueaeprints.uea.ac.uk/id/eprint/29133
DOI: 10.1016/j.enpol.2010.11.007

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