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Scroll Further Down for Michael’s Solar Power International 2019 (SPI-19) Paper, Poster and LCOS Algorithm EXCEL WORKBOOK
In writing my SPI-19 Paper, Poster and LCOS Excel Workbook, I have found a computational error in Worksheet 3 of the LCOS Workbook. It concerns computing the FC Total CapEx.
If you also found this computational error in my WindEurope 2019 or WindPower 2019 LCOS Excel Workbooks, please tell me.
My SPI-19 Paper, Poster and LCOS Excel Workbook will have an added discussion on the algorithm’s method for computing the H2 “tank” storage capacity (MWhH2) on WS #2.
I think that finding this computational error is more fun than solving a NYT Crossword Puzzle.
Stavy, Michael, Is Hydrogen Energy Storage Ready for Prime Time on the European Grid? , WindEurope 2019 Conference, 2-4 April, Bilbao, Spain.
Abstract– A bulk energy storage plant can be used on the European (North American) electric grid for ancillary services, daily, weekly or seasonal wind energy storage.
The goal of this WindEurope-2019 paper is to determine whether hydrogen energy storage is ready for prime time on the European (North American) grid.
To determine this, the author developed a hydrogen storage plant (HSP) levelized cost of storage (LCOS) Algorithm. The algorithm is used for sensitivity analysis.
This paper discusses the hydrogen storage (HS) technology, focusing on the three phases of all HSP; one, the production of the hydrogen, two, the storage of the hydrogen, three, the use of the stored hydrogen as the fuel to generate electricity.
The WindEurope 2019 Conference – HSP LCOS Algorithm uses “project accounting” to compute a separate LCOS for the HSP charging, storage and discharging phases. To compute the LCOS, the author’s WindEurope 2019 Conference HSP LCOS Algorithm requires 22 energy storage plant (ESP) specifications (specs; metrics). The 22 HSP specs (metrics) are defined with a set of standard (SI) hydrogen units.
Based on the author’s sensitivity derived LCOS values and the author’s inability to locate in the literature, any actual bulk HSP on the European (North American) gird, the author’s conclusion is NO, H2 energy storage is not yet ready for prime time on the European (American) grid.
This paper is based on the author’s his two papers on the cost of producing hydrogen by electrolysis, his three paper’s on the carbon content of hydrogen, his eight published paper’s on the finances of hydrogen energy storage, and his one paper on the cost of electricity generated by a hydrogen powered fuel cell.
Below download a Schematic of a H2 Storage Plant below.
Below download Michael’s WindEurope 2019 LCOS Conference Paper Revised Version 1.1
Below download Michael’s WindEurope 2019 LCOS Algorithm EXCEL WORKBOOK. It is not available as it is now under revision. Wait for Version 1.1 to be posted below. Contact Michael if you are in a hurry!
Below download the 75th Birthday Edition of Michael’s Wind Europe 2019 Poster. The colors are great and the data is accurate. It will look good on your office wall.
Michael’s WindEurope 2018- LCOS Paper, the WEU-18 Excel Workbook Algorithm and the WEU-18 Conference Poster can be downloaded at https://tinyurl.com/y76zkbdm
Michael’s WindEurope 2018 Conference Presenter Biography is @ https://tinyurl.com/y9d6puss
NOW is a good time to schedule an appointment with Michael at your office, in Bilbao, Barcelona, Georgetown, CO (or DC), Chicago, Houston, Salt Lake City, UT, Paris, Hamburg or in the city of your choice.
His usual hourly rate will apply.
Call Michael at his mobile phone at +1-312-523-8328.
Sigmund Freud, the noted behavioral economist, once said that half the value of the consultation was derived from the client’s payment of the consulting fee. Michael lost his citation for this. Perhaps you know the citation! Tell Michael!
Paper at WindPower 2019, 20-23 May, Houston, TX
Stavy, Michael, Is Hydrogen Energy Storage Ready for Prime Time on the North American Grid? , WindPower Conference 2019, 20-23 May, Houston, TX.
ABSTRACT–A bulk electric energy storage plant can be used on the North American electric grid for the daily, weekly or seasonal storage of wind electricity (energy) and/or to provide ancillary services. The goal of this paper is to determine whether hydrogen (H2) energy storage is ready for prime time on the North American grid.
To determine this, the author has developed a H2 storage plant (HSP) levelized cost of storage (LCOS) financial algorithm for a model HSP. This LCOS algorithm is used for sensitivity analysis and to confirm published HSP specifications (specs). This paper discusses H2 storage (HS) technology, focusing on the three phases of all HSP; one, the production of the H2, two, the storage of the H2, three, the use of the stored H2 as the fuel to regenerate the wind electricity. The LCOS Algorithm uses “project accounting” to compute a separate LCOS for each HSP phase; charging, storage and discharging. To compute the LCOS, the paper’s HSP LCOS Algorithm requires 22 HSP specifications (specs) [metrics]. These 22 HSP specs (metrics) [independent variables] are defined using a standard set of H2 SI units.
LOOK UP Michael’s e-POSTER, Is Hydrogen Energy Storage Ready for Prime Time on the North American Grid?, at the WindPower 2019 e-Poster Center in the Exhibit Hall
Michael presented his e-POSTER on Tuesday, May 21, 2019 at 9:30 AM at e-Poster Station #4.
Michael enjoyed meeting you at his presentation!
Download Michael’s WindPower 2019 e-Poster Below
Download Michael’s WindPower 2019 Paper Below
Download Michael’s WindPower 2019 LCOS Algorithm EXCEL WORKBOOK
Michael’s paper, Is Hydrogen Energy Storage Ready for Prime Time on the North American Grid?, will be presented at Solar Power International 2019 (SPI-19). Stop by Michael’s poster and discuss his paper with him. There are no consulting fees in front of his poster.
Below download Michael’s SPI-19 paper. OK not yet, but soon you will soon be able to. Unlike to poster, the paper also computes the LCOS when a solar plant has a LCOE of US$20/MWh .
Below download Michael’s SPI-19 Poster. The colors are great and the data is accurate. It will look good on grandchildren’s (children’s) bedroom wall or on your office wall. The Poster has a solar plant with a LCOE of US$50.00/MWh.
Below you will soon be able to download Michael’s SPI-19 Poster Handout that he distributed at his poster.
Download Michael’s SPI-19 LCOS Algorithm EXCEL WORKBOOK, Coming soon.
The Cabin Creek Pumped Storage Plant (324 MW | 1,296 MWh) in Clear Creek County Colorado is ready for prime time on the North American Grid and has been since starting to operate in 1967.
