Is carbon lock-in blocking investments in the hydrogen economy? A survey of actors' strategies
AbstractThe difficulty of introducing hydrogen and fuel cells in the market stems from the fact that they are not an evolutionary innovation such as biofuels or hybrid cars. Instead they create a disruption in technological utilization. The domination of oil technologies sets a socio-economical context favoring actors involved in the current paradigm, and gives less opportunity to alternative fuels to develop and challenge the status quo. If this hypothesis is correct, then companies interested in the hydrogen economy would not become active because of an unstable context or contradictory interests concerning the replacement of the present system. A review of actions and announcements of main actors shows that technology readiness and the absence of infrastructure are the major justifications to delay investments. Some measures are discussed, which could be deployed in order to reduce uncertainties, such as regulation of carbon emissions from cars, technological subvention, and partnerships for infrastructure implementation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Energy Policy.
Volume (Year): 38 (2010)
Issue (Month): 11 (November)
Contact details of provider:
Web page: http://www.elsevier.com/locate/enpol
New institutional economics Technological change Hydrogen;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sjoerd Bakker, 2009. "The car industry and the blow-out of the hydrogen hype," Innovation Studies Utrecht (ISU) working paper series 09-14, Utrecht University, Department of Innovation Studies, revised Oct 2009.
- van Benthem, A.A. & Kramer, G.J. & Ramer, R., 2006. "An options approach to investment in a hydrogen infrastructure," Energy Policy, Elsevier, vol. 34(17), pages 2949-2963, November.
- Mads Greaker & Tom-Reiel Heggedal, 2007. "Lock-in and the transition to hydrogen cars. When should governments intervene?," Discussion Papers 516, Research Department of Statistics Norway.
- Unruh, Gregory C., 2000. "Understanding carbon lock-in," Energy Policy, Elsevier, vol. 28(12), pages 817-830, October.
- Jacobsson, Staffan & Johnson, Anna, 2000. "The diffusion of renewable energy technology: an analytical framework and key issues for research," Energy Policy, Elsevier, vol. 28(9), pages 625-640, July.
- Aoki, Masahiko, 2007. "Endogenizing institutions and institutional changes," Journal of Institutional Economics, Cambridge University Press, vol. 3(01), pages 1-31, April.
- Unruh, Gregory C., 2002. "Escaping carbon lock-in," Energy Policy, Elsevier, vol. 30(4), pages 317-325, March.
- Solomon, Barry D. & Banerjee, Abhijit, 2006. "A global survey of hydrogen energy research, development and policy," Energy Policy, Elsevier, vol. 34(7), pages 781-792, May.
- Arthur, W Brian, 1989. "Competing Technologies, Increasing Returns, and Lock-In by Historical Events," Economic Journal, Royal Economic Society, vol. 99(394), pages 116-31, March.
- Melaina, Marc W, 2007. "Turn of the century refueling: A review of innovations in early gasoline refueling methods and analogies for hydrogen," Institute of Transportation Studies, Working Paper Series qt8501255w, Institute of Transportation Studies, UC Davis.
- David, Paul A, 1985. "Clio and the Economics of QWERTY," American Economic Review, American Economic Association, vol. 75(2), pages 332-37, May.
- Melaina, Marc W., 2007. "Turn of the century refueling: A review of innovations in early gasoline refueling methods and analogies for hydrogen," Energy Policy, Elsevier, vol. 35(10), pages 4919-4934, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wendy Shamier).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.