Energy Park Assets Utilization and Optimization Specifications

Abstract

This thesis aims to provide a comprehensive study for better understanding, designing and optimization of OX2 Åland’s ongoing and future energy park projects. This thesis examines the concept and implementation of a photovoltaic (PV) based energy park as a solution to global energy and environmental challenges faced due to the reliance on fossil fuel. The purpose of the Energy Park is to generate renewable electricity harnessed from the sun and produce hydrogen by integrating PV technology, energy storage systems (ESS), and electrolyzers for hydrogen production. PV systems generate clean electricity but face challenges due to their intermittent and fluctuating nature. Utilizing ESS mitigates these problems by stabilizing power fluctuations, providing grid resilience, and optimizing economic performance through load shifting and peak shaving. Hydrogen production is a vital part of the energy park, acting as an energy carrier, zero-emission fuel, and a feedstock for producing green fuels and industrial chemicals. The thesis discusses developments in PV technology, system components, and performance optimization, while addressing hydrogen's high energy content, versatile applications, and storage challenges. Electrolysis, particularly proton exchange membrane (PEM) technology, is highlighted for its efficiency, fast response, and compact design. Various storage methods of hydrogen alongside its applications are explored. Energy management system (EMS) is discussed and its importance in integration and optimization of renewable technologies, and their interaction with grid. Lastly, the study analyzes grid code requirements, ensuring reliable integration of Energy Park with the grid.