• CSCD核心库收录期刊
  • 中文核心期刊
  • 中国科技核心期刊

ELECTRIC POWER CONSTRUCTION ›› 2023, Vol. 44 ›› Issue (3): 148-154.doi: 10.12204/j.issn.1000-7229.2023.03.015

• New Energy Power Generation • Previous Articles    

Economic Feasibility Analysis of Onshore Hydrogen Production Using Offshore Wind Power

ZHANG Yan1, HAO Zhenbo2(), ZHU Zhentao1, WANG Hairong1   

  1. 1. School of Economics and Management, Nanjing Institute of Technology, Nanjing 211167, China
    2. School of Electric Power Engineering, Nanjing Institute of Technology, Nanjing 211167, China
  • Received:2022-04-22 Online:2023-03-01 Published:2023-03-02
  • Supported by:
    National Natural Science Foundation of China(72171102);2022 Open Fund Funding Project of Jiangsu Distribution Network Intelligent Technology and Equipment Collaborative Innovation Center(XTCX202212)


The coastal areas of China are economically developed and have a large energy demand. It is of practical significance to explore the production of hydrogen using offshore wind power to supply energy to other industries. This paper compares two utilization modes of offshore wind power after transmission on shore, i.e., direct sales and use for hydrogen production. Firstly, by comparing the power characteristics of alkaline (ALK) and proton exchange membrane (PEM) electrolyzers, the hydrogen production model is established. Secondly, the economic models of the two modes are established. Finally, the economy of different wind energy utilization modes are compared using net present value (NPV) and levelized cost of hydrogen production (LCOH). The results show that, under the current technical scenario, when the hydrogen price is 46.93 yuan/kg and the feed-in electricity price of wind power is 0.5318 yuan/(kW·h), the wind power used for hydrogen production is more economical than the wind power sales mode. The hydrogen price is the biggest factor affecting the economics of the hydrogen production model, where the hydrogen price depends on the supply and demand relationship in the future hydrogen market, and there is great uncertainty.

Key words: consumption mode of offshore wind power, wind power sales, hydrogen production using wind power, cost-benefit analysis, levelized cost of hydrogen

CLC Number: