TITLE:
Electricity as an Energy Vector: A Performance Comparison with Hydrogen and Biodiesel in Italy
AUTHORS:
Emiliano Finocchi
KEYWORDS:
Electrification, Hydrogen, Energy Efficiency, Renewables, Decarbonization, Electricity
JOURNAL NAME:
Open Journal of Energy Efficiency,
Vol.13 No.1,
March
29,
2024
ABSTRACT: This study presents a comparative analysis of electricity, hydrogen, and biodiesel as energy vectors, with a focus on powering an aluminum smelter in southern Italy. It evaluates these vectors in terms of efficiency, land requirements for carbon-neutral energy production, and capital expenditure, providing insights throughout the entire supply chain (upstream, midstream, and downstream) into their feasibility for industrial applications. The research reveals that biodiesel, despite being carbon neutral, is impractical due to extensive land requirements and lower efficiency if compared to other vectors. Hydrogen, downstream explored in two forms as thermal power generation and fuel cell technology, shows lower efficiency and higher capital expenditure compared to electricity. Additionally, green hydrogen production’s land requirements significantly exceed those of electricity-based systems. Electricity emerges as the most viable option, offering an overall higher efficiency, lower land requirements for its green production, and comparatively lower capital expenditure. The study’s findings highlight the importance of a holistic assessment of energy vectors, considering economic, environmental, and practical aspects along the entire energy supply chain, especially in industrial applications where the balance of these factors is crucial for long-term sustainability and feasibility. This comprehensive analysis provides valuable guidance for similar industrial applications, emphasizing the need for a balanced approach in the selection of energy vectors.