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Economic Assessment of Polygeneration Energy Systems

Stefan Reichelstein, Graduate School of Business; Adam Brandt, Energy Resources Engineering

Polygeneration energy systems use multiple feedstocks (such as coal, natural gas, and biomass) to generate multiple products (electricity, hydrogen, ammonia, etc.). These systems offer more flexibility for managing volatile energy prices and changes in end-product demand. This study will examine the impact of using renewable feedstocks (such as solar and wind) in the energy mix, and assess the effect of market and policy uncertainties on the economic competitiveness of polygeneration.

Publications and media:

"Economic value of flexible hydrogen-based polygeneration energy systems" Applied Energy164 (2016): 857-870.

 

Awarded 2014