600 MW – Power to X – Hydrogen Production Plant – Spain
Challenge
Efuelution faces the multifaceted challenge of harnessing 600 MW of wind power to sustainably produce green hydrogen in Spain. The project’s complexity lies in ensuring consistent energy supply from inherently intermittent wind sources, requiring robust financial, operational, and technical planning to ensure viability and efficiency.
Solution
To address these challenges, Efuelution employs comprehensive simulations across three key domains:
Financial Simulations:
Advanced financial models are developed to analyze investment requirements, operational costs, revenue streams, and payback periods. These simulations take into account varying scenarios of wind energy production, market prices for hydrogen, and potential subsidies or incentives available in Spain, providing a clear picture of the project’s economic feasibility.
Operational Simulations:
Utilizing a digital twin of the proposed hydrogen production facility, operational simulations are conducted to optimize the integration of wind energy into hydrogen production. This includes scheduling electrolyzer operations to match wind power availability, assessing storage solutions for excess energy, and ensuring a continuous hydrogen production process despite the variability of wind power.
Technical Simulations:
Technical simulations delve into the design and performance of the electrolyzer systems, wind turbines, and their integration. These simulations test different configurations and technologies to identify the most efficient and reliable solutions, considering Spain’s specific wind patterns and geographical conditions.
Project Description
Efuelution’s pioneering initiative in Spain aims to establish a green hydrogen production plant powered by a dedicated 600 MW wind farm. This ambitious project stands as a testament to innovative renewable energy solutions, with the potential to significantly contribute to Spain’s transition to a low-carbon economy. Through a rigorous feasibility study, Efuelution is meticulously evaluating the project’s financial viability, operational efficiency, and technical feasibility. The study’s sophisticated simulations are instrumental in navigating the complexities of green hydrogen production, promising to deliver a blueprint for future renewable energy projects. Upon successful completion, this venture will mark a major milestone in sustainable energy production, showcasing Spain as a leader in the green hydrogen sector.
Project data
Client
Confidential
Systeem
Hydrogen Production Plant
Power Source
Onshore Wind Farm
Power Capacity
600 MW
Product Produced
eFuel Hydrogen
Periode
2023
Duration
3 months
Location
Spain
Fase
Power to X – Project Simulation
Step
Step 1 Concept and Feasebility
