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A global energy system perspective on hydrogen Trade: A framework for the market color and the size analysis

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  • Ikonnikova, Svetlana A.
  • Scanlon, Bridget R.
  • Berdysheva, Sofia A.

Abstract

Existing research offers insights into production, operation, and cost efficiencies for the expanding variety of hydrogen (H2) technologies, suggesting that not a single one, but a portfolio of technologies, may be competitive in emerging markets. In turn, policy studies point out that economic and market conditions may be altered to promote certain options, for instance, renewable energy-based “green” hydrogen over fossil fuel-based alternatives. Such regionally oriented analyses, however useful, do not provide a perspective on a global market or international trade development, which is critical for infrastructure development, demand expansion, and supply commitments. This paper aims to fill this gap by addressing two interrelated questions: 1) what are the prerequisites for hydrogen trade in the context of a global transition to carbon neutrality and 2) how will regional energy system characteristics and regulations affect the growth and the “color” of the hydrogen market?

Suggested Citation

  • Ikonnikova, Svetlana A. & Scanlon, Bridget R. & Berdysheva, Sofia A., 2023. "A global energy system perspective on hydrogen Trade: A framework for the market color and the size analysis," Applied Energy, Elsevier, vol. 330(PA).
    • Handle: RePEc:eee:appene:v:330:y:2023:i:pa:s0306261922015240
    DOI: 10.1016/j.apenergy.2022.120267
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