Transactions of the Korean hydrogen and new energy society (한국수소및신에너지학회논문집)

The Korean Hydrogen and New Energy Society (한국수소및신에너지학회)
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Economic Feasibility Analysis for P2G Using PEM Water Electrolysis

PEM 수전해를 이용한 P2G에 대한 경제적 타당성 분석

  • Received : 2017.05.30
  • Accepted : 2017.06.30
  • Published : 2017.06.30
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Abstract

With worldwide efforts to increase the portion of renewable energy for $CO_2$ reductions, a lot of attention has been paid to P2G (power-to-gas) in Europe and Japan to efficiently utilize the surplus electricity. In this paper, economic feasibility analysis has been carried out for P2G using PEM water electrolysis by reflecting current economic status in Korea. In addition, efficiency and electricity price required to be competent in Korean market were provided. Based on cash flow diagrams, unit production costs for $H_2$ and $CH_4$ were estimated and profitability of P2G using PEM water electrolysis was analyzed.

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References

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