Yue Wang
Current Organizations / Institutes
The organizations/institutes from the scholar's latest article
Previous Organizations / Institutes
The organizations / institutes from the scholar's other articles in the past ten years
Yue Wang has a total of 15 co-authors. Here are the top co-authors by number of shared publications:
- Chen Fu
State Grid Shanghai Economic Research Institute, Shanghai 200235, China
1 shared publication - Chen Sun
National Key Laboratory of Renewable Energy Grid-Integration, China Electric Power Research Institute, Beijing 100192, China
1 shared publication - Chuanbo Xu
School of Economics and Management, North China Electric Power University, Beijing 102206, China
1 shared publication - Haitao Dong
National Key Laboratory of Renewable Energy Grid-Integration, China Electric Power Research Institute, Beijing 100192, China
1 shared publication - Haoran Meng
School of Economics and Management, North China Electric Power University, Beijing 102206, China
1 shared publication - Meng Niu
National Key Laboratory of Renewable Energy Grid-Integration, China Electric Power Research Institute, Beijing 100192, China
1 shared publication
Latest Publications
- Open Access
Economic Analysis of Supply Chain for Offshore Wind Hydrogen Production for Offshore Hydrogen Refueling Stations
In order to solve the problem of large-scale offshore wind power consumption, the development of an offshore wind power hydrogen supply chain has become one of the trends. In this study, 10 feasible options are proposed to investigate the economics of an offshore wind hydrogen supply chain for offshore hydrogen refueling station consumption from three aspects: offshore wind hydrogen production, storage and transportation, and application. The study adopts a levelized cost analysis method to measure the current and future costs of the hydrogen supply chain. It analyses the suitable transport modes for delivering hydrogen to offshore hydrogen refueling stations at different scales and distances, as well as the profitability of offshore hydrogen refueling stations. The study draws the following key conclusions: (1) the current centralised wind power hydrogen production method is economically superior to the distributed method; (2) gas-hydrogen storage and transportation is still the most economical method at the current time, with a cost of CNY 32.14/kg, which decreases to CNY 13.52/kg in 2037, on a par with the cost of coal-based hydrogen production using carbon capture technology; and (3) at the boundaries of an operating load factor of 70% and a selling price of CNY 25/kg, the offshore hydrogen refueling station. The internal rate of return (IRR) is 21%, showing good profitability; (4) In terms of the choice of transport mode for supplying hydrogen to the offshore hydrogen refueling station, gas-hydrogen ships and pipeline transport will mainly be used in the near future, while liquid organic hydrogen carriers and synthetic ammonia ships can be considered in the medium to long term.
Open AccessEconomic Analysis of Supply Chain for Offshore Wind Hydrogen Production for Offshore Hydrogen Refueling Stations
In order to solve the problem of large-scale offshore wind power consumption, the development of an offshore wind power hydrogen supply chain has become one of the trends. In this study, 10 feasible options are proposed to investigate the economics of an offshore wind hydrogen supply chain for offshore hydrogen refueling station consumption from three aspects: offshore wind hydrogen production, storage and transportation, and application. The study adopts a levelized cost analysis method to measure the current and future costs of the hydrogen supply chain. It analyses the suitable transport modes for delivering hydrogen to offshore hydrogen refueling stations at different scales and distances, as well as the profitability of offshore hydrogen refueling stations. The study draws the following key conclusions: (1) the current centralised wind power hydrogen production method is economically superior to the distributed method; (2) gas-hydrogen storage and transportation is still the most economical method at the current time, with a cost of CNY 32.14/kg, which decreases to CNY 13.52/kg in 2037, on a par with the cost of coal-based hydrogen production using carbon capture technology; and (3) at the boundaries of an operating load factor of 70% and a selling price of CNY 25/kg, the offshore hydrogen refueling station. The internal rate of return (IRR) is 21%, showing good profitability; (4) In terms of the choice of transport mode for supplying hydrogen to the offshore hydrogen refueling station, gas-hydrogen ships and pipeline transport will mainly be used in the near future, while liquid organic hydrogen carriers and synthetic ammonia ships can be considered in the medium to long term.
- Open Access
Operation Optimization of Wind/Battery Storage/Alkaline Electrolyzer System Considering Dynamic Hydrogen Production Efficiency
Hydrogen energy is regarded as a key path to combat climate change and promote sustainable economic and social development. The fluctuation of renewable energy leads to frequent start/stop cycles in hydrogen electrolysis equipment. However, electrochemical energy storage, with its fast response characteristics, helps regulate the power of hydrogen electrolysis, enabling smooth operation. In this study, a multi-objective constrained operation optimization model for a wind/battery storage/alkaline electrolyzer system is constructed. Both profit maximization and power abandonment rate minimization are considered. In addition, some constraints, such as minimum start/stop times, upper and lower power limits, and input fluctuation limits, are also taken into account. Then, the non-dominated sorting genetic algorithm II (NSGA-II) algorithm and the entropy method are used to optimize the operation strategy of the hybrid energy system by considering dynamic hydrogen production efficiency, and through optimization to obtain the best hydrogen production power of the system under the two objectives. The change in dynamic hydrogen production efficiency is mainly related to the change in electrolyzer power, and the system can be better adjusted according to the actual supply of renewable energy to avoid the waste of renewable energy. Our results show that the distribution of Pareto solutions is uniform, which indicates the suitability of the NSGA-II algorithm. In addition, the optimal solution indicates that the battery storage and alkaline electrolyzer can complement each other in operation and achieve the absorption of wind power. The dynamic hydrogen production efficiency can make the electrolyzer operate more efficiently, which paves the way for system optimization. A sensitivity analysis reveals that the profit is sensitive to the price of hydrogen energy.
Open AccessOperation Optimization of Wind/Battery Storage/Alkaline Electrolyzer System Considering Dynamic Hydrogen Production Efficiency
Hydrogen energy is regarded as a key path to combat climate change and promote sustainable economic and social development. The fluctuation of renewable energy leads to frequent start/stop cycles in hydrogen electrolysis equipment. However, electrochemical energy storage, with its fast response characteristics, helps regulate the power of hydrogen electrolysis, enabling smooth operation. In this study, a multi-objective constrained operation optimization model for a wind/battery storage/alkaline electrolyzer system is constructed. Both profit maximization and power abandonment rate minimization are considered. In addition, some constraints, such as minimum start/stop times, upper and lower power limits, and input fluctuation limits, are also taken into account. Then, the non-dominated sorting genetic algorithm II (NSGA-II) algorithm and the entropy method are used to optimize the operation strategy of the hybrid energy system by considering dynamic hydrogen production efficiency, and through optimization to obtain the best hydrogen production power of the system under the two objectives. The change in dynamic hydrogen production efficiency is mainly related to the change in electrolyzer power, and the system can be better adjusted according to the actual supply of renewable energy to avoid the waste of renewable energy. Our results show that the distribution of Pareto solutions is uniform, which indicates the suitability of the NSGA-II algorithm. In addition, the optimal solution indicates that the battery storage and alkaline electrolyzer can complement each other in operation and achieve the absorption of wind power. The dynamic hydrogen production efficiency can make the electrolyzer operate more efficiently, which paves the way for system optimization. A sensitivity analysis reveals that the profit is sensitive to the price of hydrogen energy.