Integrated production and renewable energy generation in the presence of hydrogen energy storage

作者：Feng, Youyi; Menezes, Mozart B. C.^*

来源：PRODUCTION AND OPERATIONS MANAGEMENT, 2022, 31(5): 2222-2236.

DOI：10.1111/poms.13674

• energy storage
• optimal inventory-production management policies
• renewable energy
• sustainable development goals
• wind-grid hydrogen

In this paper, we propose an inventory model that considers dual sources with energy storage to address the energy efficiency of an effective make-to-stock production facility that has access to grid electricity and a source of renewable energy, along with energy-storage capabilities. Such systems are being implemented in practice; however, the literature on inventory models does not offer solutions for extracting value from the management of such a complex energy mix coupled to energy-storage technologies. We explore a periodic review production/inventory model in which hydrogen functions as an energy-storage mechanism. We identify the structural properties of the objective function and obtain managerial insights through a complementarity analysis that is aimed at characterizing optimal energy-efficiency policies.