Power-to-X-to-Power in Combined Cycle Power Plants : A Techno-Economic Feasibility Study

Abstract: To support the large­scale integration of renewables in electricity grids, power­to­X­to­power (P2X2P) systems have been proposed. These systems serve to increase the flexibility of thermal power plants while potentially providing both economic and environmental benefits by allowing power from the plant to be redirected into an electrolyzer and converted to a gaseous energy carrier. In this study, the feasibility of a P2X2P system consisting of a combined cycle gas turbine (CCGT) power plant coupled with a PEM electrolyzer in the Italian power sector has been investigated. A dynamic technoeconomic model has been developed for both hydrogen and ammonia­based systems together with a profit maximizing dispatch strategy for operation in both day­-ahead and balancing electricity markets. As a part of this, a PEM electrolyzer model was also developed and validated against experimental data. Notable technical improvements were observed as a consequence of the implementation of a P2X2P system in the form of avoided shutdowns and a more even power output. However, any economic and environmental benefits of such improvements were not observed as the addition of the P2X2P system led to a reduction in net present value as well as higher specific emissions of carbon dioxide. When the gaseous energy carrier was utilized as fuel in the CCGT, similar technical performances were achieved by the hydrogen­based and ammonia­based systems. Due to the increased investment cost demanded by the ammonia production process the hydrogen­based system thus seems most suitable for this setup.