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Accelerating the transition to a cleaner global energy system is essential for tackling the climate crisis, and green hydrogen energy systems hold significant promise for integrating renewable energy sources. This paper offers a thorough evaluation of green hydrogen's potential as a groundbreaking alternative to achieve near-zero greenhouse gas (GHG) emissions within a renewable energy framework. The paper explores current technological options and assesses the industry's present status alongside future challenges. It also includes an economic analysis to gauge the feasibility of integrating green hydrogen, providing a critical review of the current and future expectations for the levelized cost of hydrogen (LCOH). Depending on the geographic location and the technology employed, the LCOH for green hydrogen can range from as low as EUR 1.12/kg to as high as EUR 16.06/kg. Nonetheless, the findings suggest that green hydrogen could play a crucial role in reducing GHG emissions, particularly in hard-to-decarbonize sectors. A target LCOH of approximately EUR 1/kg by 2050 seems attainable, in some geographies. However, there are still significant hurdles to overcome before green hydrogen can become a cost-competitive alternative. Key challenges include the need for further technological advancements and the establishment of hydrogen policies to achieve cost reductions in electrolyzers, which are vital for green hydrogen production. [ABSTRACT FROM AUTHOR]

Significant price spikes occurred as early as 2021, initially driven by low gas storage levels, a post-pandemic economic rebound and then exacerbated by the Russian invasion of Ukraine. The situation had a range of wide-ranging consequences, from rising inflation, increasing energy poverty, food insecurity, business bankruptcies and recession. A well-known tool to protect energy consumers from energy price spikes, while at the same time contributing to the development of sustainable technologies, is Power Purchase Agreements. PPAs are long-term bilateral contracts for the purchase and sale of a certain amount of electricity, usually generated from renewable sources. The primary goal of this paper is to assess how the risk associated with PPAs has evolved between 2020 and 2023. It aims to examine whether, after the events in 2022, PPAs remain a robust solution that protects the off-taker from energy price spikes, ensures greater energy budget stability and enables savings. To achieve this, the probability of PPA prices being higher than market prices is evaluated, considering the changing market landscape. Furthermore, this paper intends to gain a thorough understanding of each risk related to PPAs and the best strategies for mitigating it, to maximize the protection of the off-taker. [ABSTRACT FROM AUTHOR]

Despite the widespread usage of high-voltage alternating current (HVAC) for the connection of offshore wind farms (OWF), its use to power-from-shore (PFS) offshore oil and gas (O&G) production sites is often not feasible. Its limitations for long-distance subsea transmission are usually found at 50–70 km from shore and might be even shorter when compared commercially to a direct-current (DC) alternative or conventional generation. Therefore, this research paper aims to address the standardization of offshore transmission with a particular focus on the high-voltage direct current (HVDC) alternative. While the distance is typically not a limiting factor when using DC, and the voltages used are rather standard, the concept of power envelopes can be quite useful in addressing the high variability of offshore site power requirements and setting a design baseline that would lead to improved lead time. In this article, a full back and front-end genetic optioneering model purposely built from the ground up in Python language is used to #1 define up to three DC power envelopes that would cater to most of the candidate's requirements and #2 provide the lowest cost variance. The results will demonstrate that this can be achieved at a minor overall cost expense. [ABSTRACT FROM AUTHOR]

The world is facing many challenges to keep up with growing energy demand and greenhouse gas and pollutant emissions. A possible solution is to integrate renewable energy sources (RESs) into residences and create energy management systems (EMSs) that reduce consumption and relieve the main grid in critical hours. This paper is focused on analyzing different EMSs using solar photovoltaic (PV) modules and three energy storage systems (ESSs) to increase savings without affecting the user's needs, with thirty-three power consumption profiles and three energy tariffs over a 25-year investment to compare which solution presents the best economic result in each of the 297 analyzed scenarios. The results show that the higher the overall daily consumption values, the greater the profits for all EMSs. The lowest demand profiles lead to the best self-consumption and self-sufficiency results. PV-only systems with a tri-hourly tariff have the best overall results. In the case of battery operation, each case should be carefully analyzed in order to choose the correct technologies and tariff. The results also allowed us to verify that even though having more PV modules generates more energy, it can make a project less economically desirable. [ABSTRACT FROM AUTHOR]

In recent years, there has been a significant increase in investment in renewable energy sources, leading to the decarbonization of the electricity sector. Accordingly, a key concern is the influence of this process on future electricity market prices, which are expected to decrease with the increasing generation of renewable power. This is important for both current and future investors, as it can affect profitability. To address these concerns, a long-term analysis is proposed here to examine the influence of the future electricity mix on Iberian electricity prices in 2030. In this study, we employed artificial intelligence forecasting models that incorporated the main electricity price-driven components of MIBEL, providing accurate predictions for the real operation of the market. These can be extrapolated into the future to predict electricity prices in a scenario with high renewable power penetration. The results, obtained considering a framework featuring an increase in the penetration of renewables into MIBEL of up to 80% in 2030, showed that electricity prices are expected to decrease by around 50% in 2030 when compared to 2019, and there will be a new pattern of electricity prices throughout the year due to the uneven distribution of renewable electricity. The study's findings are relevant for ongoing research on the unique challenges of energy markets with high levels of renewable generation. [ABSTRACT FROM AUTHOR]

Every country has objectives for climate change, and public policies are implemented to achieve those commitments. This paper aims to review the different public policies used to promote the integration of photovoltaic technology into smart grids, taking the case of Portugal as reference. An analysis of previous supporting policies is performed both in Portugal and some European countries; these policies consist of feed-in tariffs, feed-in premiums, green certificates, electricity compensation, direct capital subsidies, and tax credits. The policies currently in force in Portugal no longer aim to support the technology; instead, they intend to promote it. Energy communities, local markets, and solar auctions are examples of public policies that are currently being used, not only to promote PV power but also the development of microgrids. Finally, the Portuguese solar auctions of 2019 and 2020 are analyzed and compared. It is concluded that auctions are a very effective way of expanding the installed capacity of the PV technology in the country and have more weight on promoting the technology than other promoting policies currently being used. [ABSTRACT FROM AUTHOR]

Hydrogen technologies have been rapidly developing in the past few decades, pushed by governments' road maps for sustainability and supported by a widespread need to decarbonize the global energy sector. Recent scientific progress has led to better performances and higher efficiencies of hydrogen-related technologies, so much so that their future economic viability is now rarely called into question. This article intends to study the integration of hydrogen systems in both gas and electric distribution networks. A preliminary analysis of hydrogen's physical storage methods is given, considering both the advantages and disadvantages of each one. After examining the preeminent ways of physically storing hydrogen, this paper then contemplates two primary means of using it: integrating it in Power-to-Gas networks and utilizing it in Power-to-Power smart grids. In the former, the primary objective is the total replacement of natural gas with hydrogen through progressive blending procedures, from the transmission pipeline to the domestic burner; in the latter, the set goal is the expansion of the implementation of hydrogen systems—namely storage—in multi-microgrid networks, thus helping to decarbonize the electricity sector and reducing the impact of renewable energy's intermittence through Demand Side Management strategies. The study concludes that hydrogen is assumed to be an energy vector that is inextricable from the necessary transition to a cleaner, more efficient, and sustainable future. [ABSTRACT FROM AUTHOR]

The importance of a flexible and comprehensive vehicle fuel consumption model cannot be understated for understanding the implications of the modal changes currently occurring in the transportation sector. In this study, a model is developed to determine the tank-to-wheel energy demand for passenger and freight transportation within Germany for different modes of transport. These modes include light-duty vehicles (LDVs), heavy-duty vehicles (HDVs), airplanes, trains, ships, and unmanned aviation. The model further estimates future development through 2050. Utilizing standard driving cycles, backward-looking longitudinal vehicle models are employed to determine the energy demand for all on-road vehicle modes. For non-road vehicle modes, energy demand from the literature is drawn upon to develop the model. It is found that various vehicle parameters exert different effects on vehicle energy demand, depending on the driving scenario. Public transportation offers the most energy-efficient means of travel in the forms of battery electric buses (33.9 MJ/100 pkm), battery electric coaches (21.3 MJ/100 pkm), fuel cell electric coaches (32.9 MJ/100 pkm), trams (43.3 MJ/100 pkm), and long-distance electric trains (31.8 MJ/100 pkm). International shipping (9.9 MJ/100 tkm) is the most energy-efficient means of freight transport. The electrification of drivetrains and the implementation of regenerative braking show large potential for fuel consumption reduction, especially in urban areas. Occupancy and loading rates for vehicles play a critical role in determining the energy demand per passenger-kilometer for passenger modes, and tonne-kilometer for freight modes. [ABSTRACT FROM AUTHOR]

Retail energy providers (REPs) can employ different strategies such as offering demand response (DR) programs, participating in bilateral contracts, and employing self-generation distributed generation (DG) units to avoid financial losses in the volatile electricity markets. In this paper, the problem of setting dynamic retail sales price by a REP is addressed with a robust optimization technique. In the proposed model, the REP offers price-based DR programs while it faces uncertainties in the wholesale market price. The main contribution of this paper is using a robust optimization approach for setting the short-term dynamic retail rates for an asset-light REP. With this approach, the REP can decide how to participate in forward contracts and call options. They can also determine the optimal operation of the self-generation DG units. Several case studies have been carried out for a REP with 10,679 residential consumers. The deterministic approach and its robust counterpart are used to solve the problem. The results show that, with a slight decrease in the expected payoff, the REP can effectively protect itself against price variations. Offering time-variable retail rates also can increase the expected profit of the REPs. [ABSTRACT FROM AUTHOR]

Energy-efficient building retrofits must be approached from three perspectives: law regulation approach, financial incentives approach, and practice approach. The concepts of zero energy building and life cycle energy building are presented as the basis for energy retrofits. Multi-criteria boards to assess the decision-making process are reviewed, analysed, and categorised under an architectonic perspective. Some examples are presented, with different packages of measures, from deep to non-invasive energy retrofits. Passive and active energy generation systems, together with control and management strategies, are the physical elements identified with the potential to improve buildings' energy efficiency. From a practice approach, this literature review identifies the concept of performance-based architectural design to optimise the planning and design of buildings' energy retrofits. In addition, tools such as Building Information Modelling are described as part of optimisation processes, as they enable designers to rapidly analyse and simulate a building's performance at the design stage. [ABSTRACT FROM AUTHOR]

The present paper defines and assesses a new simplified method to represent the photovoltaic (PV) modules' electrical behavior, based on the commonly used one diode and three parameters (1D + 3P) model, addressing two main objectives. The first one is to quantify and assess, at different operating conditions, the PV modules electrical behavior estimations' accuracy provided by the well-known 1D + 3P, through a comparison based on experimental and theoretical results. The second one concerns the performance assessment of the 1D + 3P model's suggested approximation, aiming at simplifying the mathematics instead of solving complex iterative equations, which hinges on higher computational time to obtain accurate results. Hence, experimental and theoretical data were considered, aiming at performing a thorough comparison with more than 17,000 PV modules being assessed, which was achieved by using both the California Energy Commission (CEC) database and PVsyst software. The findings show that the already known 1D + 3P model delivers satisfactory power output estimations for crystalline silicon modules and high irradiance conditions. However, its performance worsens when considering Low Irradiance and thin-film technology. In comparison with the original model, accurate results were obtained with the new simplified suggested 1D + 3P for all irradiance conditions and technologies assessed, thus proving its validity and capability of circumventing the aforementioned challenges. [ABSTRACT FROM AUTHOR]

Poland is facing demanding challenges to achieve a sustainable energy mix in the near future. Crucial and tough decisions must be made about the direction of the national energy economy, safety, and environmental impact. Considering the electricity and heating demand forecast, this paper proposes an optimization model based on the Grey Wolf Optimizer meta-heuristic to support the definition of ideal energy mix considering the investment and operational costs. The proposed methodology uses the present energy mix in Poland (the most recent values are from 2017) to calibrate the model implemented in the EnergyPLAN tool. Afterwards, EnergyPLAN relates to an optimization process allowing the identification of the most convenient energy mix in 2040 in Poland. The values obtained are compared with those proposed by Polish public entities showing advantage regarding the global costs of the project nevertheless respecting the same levels of CO2 and the energy import and export balance. The expected savings can achieve 1.3 billion euros a year and more than 8 million tonnes of CO2 emission reduction. Sensitivity analysis considering the decrease of the global cost of renewables-based sources is also presented. [ABSTRACT FROM AUTHOR]

There is a growing need for increased flexibility in modern power systems. Traditionally, this flexibility has been provided by supply-side technologies. There has been an increase in the research surrounding flexibility services provided by demand-side actors and technologies, especially flexibility services provided by prosumers (those customers who both produce and consume electricity). This work gathers 1183 peer-reviewed journal articles concerning the topic and uses them to identify the current state of the art. This body of literature was analysed with two leading textual and scientometric analysis tools, SAS© Visual Text Analytics and VOSviewer, in order to provide a detailed understanding of the current state-of-the-art research on prosumer flexibility. Trends, key ideas, opportunities and challenges were identified and discussed. [ABSTRACT FROM AUTHOR]

As the demand for renewable energy sources energy grows worldwide, small-scale urban wind energy (UWE) has drawn attention as having the potential to significantly contribute to urban electricity demand with environmental and socio-economic benefits. However, there is currently a lack of academic research surrounding realizable UWE potential, especially in the South African context. This study used high-resolution annual wind speed measurements from six locations spanning Cape Town to quantify and analyze the city's UWE potential. Two-parameter Weibull distributions were constructed for each location, and the annual energy production (AEP) was calculated considering the power curves of four commonly used small-scale wind turbines (SWTs). The two Horizontal Axis Wind Turbines (HAWTs) showed higher AEP and capacity factors than Vertical Axis Wind Turbine (VAWT) ones. A diurnal analysis showed that, during summer, an SWT generates the majority of its electricity during the day, which resembles the typical South African electricity demand profile. However, during winter, the electricity is mainly generated in the early hours of the morning, which does not coincide with the typical load demand profile. Finally, the calculation of Levelized Cost of Electricity (LCOE) showed that SWT generation is more expensive, given current electricity market conditions and SWT technology. The study provides a detailed, large-scale and complete assessment of UWE resources of Cape Town, South Africa, the first of its kind at the time of this work. [ABSTRACT FROM AUTHOR]

This paper presents a decision support model for negotiation portfolio optimization considering the participation of players in local markets (at the microgrid level) and in external markets, namely in regional markets, wholesale negotiations and negotiations of bilateral agreements. A local internal market model for microgrids is defined, and the connection between interconnected microgrids is based on nodal pricing to enable negotiations between nearby microgrids. The market environment considering the local market setting and the interaction between integrated microgrids is modeled using a multi-agent approach. Several multi-agent systems are used to model the electricity market environment, the interaction between small players at a microgrid scale, and to accommodate the decision support features. The integration of the proposed models in this multi-agent society and interaction between these distinct specific multi-agent systems enables modeling the system as a whole and thus testing and validating the impact of the method in the outcomes of the involved players. Results show that considering the several negotiation opportunities as complementary and making use of the most appropriate markets depending on the expected prices at each moment allows players to achieve more profitable results. [ABSTRACT FROM AUTHOR]