Journal of Shanghai Jiao Tong University ›› 2026, Vol. 60 ›› Issue (6): 955-964.doi: 10.16183/j.cnki.jsjtu.2025.150

• New Type Power System and the Integrated Energy • Previous Articles     Next Articles

Bi-Level Levelized Cost Model for Grid-Connected Wind-Photovoltaic-Storage Hydrogen Production System

ZHANG Dong1, JIANG Dongfang1(), LIU Chenxi2, YOU Peiyu3   

  1. 1 State Grid Energy Research Institute Co., Ltd., Beijing 102209, China
    2 China Longyuan Power Group Co., Ltd., Beijing 100006, China
    3 State Grid Economic and Technological Research Institute Co., Ltd., Beijing 102209, China
  • Received:2025-05-12 Revised:2025-07-16 Accepted:2025-08-27 Online:2026-06-28 Published:2026-07-02
  • Contact: JIANG Dongfang E-mail:jdf150@163.com

Abstract:

High electricity costs remain one of the primary obstacles limiting the large-scale deployment of wind-photovoltaic (PV) hydrogen production systems. In such systems, the output characteristics of renewable power, the wind-PV-storage-load configuration ratio, and the grid-connected/off-grid operation mode affect the utilization rate of renewable power generation and the electricity consumption structure for hydrogen production, thereby influencing the variable and fixed costs per unit of hydrogen production. This paper develops a bi-level levelized cost of hydrogen (BLCOH) analysis model for grid-connected wind-PV-storage hydrogen production systems, explicitly considering dynamic variations in renewable energy supply and hydrogen production electricity demand. The model is applied to compare the costs of three system configurations: off-grid wind-PV hydrogen production, off-grid wind-PV-storage hydrogen production, and grid-connected wind-PV-storage hydrogen production. Furthermore, the impacts of renewable energy utilization hours, hydrogen production utilization hours, and peak-shaving electricity pricing on hydrogen production costs are quantitatively analyzed. The results indicate that integrating energy storage improves renewable energy utilization and enables additional revenue through grid peak-shaving services, while grid connection enhances the operational reliability of hydrogen production systems. Compared with the other two approaches, the grid-connected wind-PV-storage hydrogen production system achieves lower hydrogen production cost, making it promising in the future. Additionally, this paper derives analytical expressions for estimating critical thresholds of storage cost, grid electricity price, and the combined cost of storage and grid connection for wind-PV hydrogen production systems.

Key words: bi-level levelized cost model, energy storage, hydrogen production system, wind and photovoltaic (PV) power generation

CLC Number: