The European Union’s 2020 climate and energy package (known as “20–20–20” targets) requests, among other key objectives, 40% of the electricity production in Greece to be supplied from Renewable Energy Sources by 2020. The main barriers for reaching this target is the intermittency of renewable energy sources combined with the penetration limits in the local electrical grids and the high seasonal demand fluctuations. In this context, the introduction of energy storage systems, comprises one of the main solutions for coping with this situation. One of the most promising technologies for storing the excess energy, that would be otherwise lost, is the production and storage of hydrogen through water electrolysis. Hydrogen can be used for supporting the electricity grid during periods of high demand but also as transportation fuel for hydrogen-based automobiles (e.g. fuel cell vehicles). For this purpose, a simulation algorithm has been developed, able to assess the specifications of the optimum sizing of hydrogen production storage systems. For the application of the algorithm, the area of the Aegean Sea has been selected, owed to the considerable renewable energy sources curtailments recorded in the various non-interconnected islands in the region. More specifically, the developed algorithm is applied to an autonomous electricity network of 9 islands, located at the SE area of the Aegean Sea and known as the “Kos-Kalymnos” electricity system. The results obtained designate the optimum size of the hydrogen-based configuration, aiming to maximize the recovery of otherwise curtailed renewable energy production

To help stakeholders plan, research, and develop Hybrid Renewable Energy Systems (HRES), the elaboration of numerous modelling techniques and software simulation tools has been reported. The thorough analysis of these undoubtedly complex systems is strongly correlated with the efficient utilisation of the potential of renewable energy and the meticulous development of pertinent designs. In this context, various optimisation constraints/targets have also been utilised. This specific work initially carries out a thorough review of the modelling techniques and simulation software developed in an attempt to define a commonly accepted categorisation methodology for the various existing HRES simulation methods. Moreover, the widely utilised optimisation targets are analysed in detail. Finally, it identifies the sensitivity of two commercial software tools (HOMER Pro and iHOGA) by examining nine case studies based on different wind and solar potential combinations. The results obtained by the two commercial tools are compared with the ESA Microgrid Simulator, a software developed by the Soft Energy Applications and Environmental Protection Laboratory of the Mechanical Engineering Department of the University of West Attica. The evaluation of the results, based on the diversification of the renewable energy potential used as input, has led to an in-depth assessment of the deviances detected in the software tools selected.