| Summary: | The objective of this study is to review a comprehensive plan for optimization framework for the industrial power grid. Few factors considered such as power generation, transmission, distribution, energy storage solutions, cost development. The aim targets an overview of planning and optimization for a hydrogen production plant in Narvik region. It will improve the overall efficiency, stability, transmission, and distribution of the projected plan. Aker Horizons is planning a large-scale hydrogen production facility at their site Kvandal. The region currently has a surplus of power production due to grid bottlenecks. The result is the lowest power prices in Europe, making way for interest from power intensive industries. However, Statnett has made reservations for all the 1150 MW surplus capacity. Additional capacity is dependent on grid developments or new generation. Aker Horizons has 230 MW reserved capacity in Kvandal but needs a minimum of 400MW for the project to be economically feasible. The municipality has developed several potential sites for new onshore wind power generation. Solar PV might be possible and/or Energy storage solutions can increase the potential for industrial users. To achieve the objective, the study involves advanced optimization technic, simulation on the optimization plan, maximum power and energy density, regulations of the local government and geological location assessment. Some environmental impacts are also discussed along with a proposed energy storage for industrial grid. Furthermore, the study increases involvement of renewable energy in Northern Norway region. By optimizing renewable resources such as wind and hydro electrical energy industrial grid of Narvik can be beneficial asset for future development of Norway. Based on planned projects, potential projects, cost development of power generation, industrial and regional importance the most tecno-economic development of industrial offtake and generation was the expected outcome.
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