Electricity systems based on renewables have an increasing demand for flexibility. This paper considers the potential of power-to-gas to provide flexibility and enhance system integration of renewables. Existing research on power-to-gas typically analyses the system effects of a predetermined power-to-gas unit without endogenising the investment decision. Moreover, insights related to market and portfolio effects of power-to-gas are rare. To this end this work presents a stochastic electricity market model.
This review gives a worldwide overview on Power-to-Gas projects producing hydrogen or renewable substitute natural gas focusing projects in central Europe. It deepens and completes the content of previous reviews by including hitherto unreviewed projects and by combining project names with details such as plant location.
