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The energy carrier infrastructure, including both electricity and natural gas sources, has evolved and begun functioning independently over recent years. Nevertheless, recent studies are pivoting toward the exploration of a unified architecture for energy systems that combines Multiple-Energy Carriers into a single network, hence moving away from treating these carriers separately. As an outcome, a new methodology has emerged, integrating electrical, chemical, and heating carriers and centered around the concept of Energy Hubs (EHs). EHs are complex systems that handle the input and output of different energy types, including their conversion and storage. Furthermore, EHs include Combined Heat and Power (CHP) units, which offer greater efficiency and are more environmentally benign than traditional thermal units. Additionally, CHP units provide greater flexibility in the use of natural gas and electricity, thereby offering significant advantages over traditional methods of energy supply. This article introduces a new approach for exploring the steady-state model of EHs and addresses all related optimization issues. These issues encompass the optimal dispatch across multiple carriers, the optimal hub interconnection, and the ideal hub configuration within an energy system. Consequently, this article targets the reduction in the overall system energy costs, while maintaining compliance with all the necessary system constraints. The method is applied in an existing Smart Microgrid (SM) of a typical Greek 17-bus low-voltage distribution network into which EHs are introduced along with Renewable Energy Sources (RESs) and Electric Vehicles (EVs). The SM experiments focus on the optimization of the operational cost using different operational scenarios with distributed generation (DG) and CHP units as well as EVs. A sensitivity analysis is also performed under variations in electricity costs to identify the optimal scenario for handling increased demand. [ABSTRACT FROM AUTHOR]

Nowadays, with the need for clean and sustainable energy at its historical peak, new equipment, strategies, and methods have to be developed to reduce environmental pollution. Drastic steps and measures have already been taken on a global scale. Renewable energy sources (RESs) are being installed with a growing rhythm in the power grids. Such installations and operations in power systems must also be economically viable over time to attract more investors, thus creating a cycle where green energy, e.g., green hydrogen production will be both environmentally friendly and economically beneficial. This work presents a management method for assessing wind–solar–hydrogen (H2) energy systems. To optimize component sizing and calculate the cost of the produced H2, the basic procedure of the whole management method includes chronological simulations and economic calculations. The proposed system consists of a wind turbine (WT), a photovoltaic (PV) unit, an electrolyzer, a compressor, a storage tank, a fuel cell (FC), and various power converters. The paper presents a case study of green hydrogen production on Sifnos Island in Greece through RES, together with a scenario where hydrogen vehicle consumption and RES production are higher during the summer months. Hydrogen stations represent H2 demand. The proposed system is connected to the main power grid of the island to cover the load demand if the RES cannot do this. This study also includes a cost analysis due to the high investment costs. The levelized cost of energy (LCOE) and the cost of the produced H2 are calculated, and some future simulations correlated with the main costs of the components of the proposed system are pointed out. The MATLAB language is used for all simulations. [ABSTRACT FROM AUTHOR]