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Hydrogen Micro-Systems: Households’ Preferences and Economic Futility

Author

Listed:
  • Anna-Lena Klingler

    (Fraunhofer IAO—Institute for Industrial Engineering, 70569 Stuttgart, Germany)

  • Julian Dörr

    (Institute of Human Factors and Technology Management IAT, University of Stuttgart, 70569 Stuttgart, Germany)

Abstract

This study examines the potential market for residential hydrogen systems in light of the trends towards digitalisation and environmental awareness. Based on a survey of 350 participants, the results indicate that although energy experts are sceptical about the benefits of residential hydrogen systems due to their high costs, households are highly interested in this technology. The sample shows a willingness to invest in hydrogen applications, with some households willing to pay an average of 24% more. An economic assessment compared the cost of a residential hydrogen system with conventional domestic energy systems, revealing significant additional costs for potential buyers interested in hydrogen applications.

Suggested Citation

  • Anna-Lena Klingler & Julian Dörr, 2024. "Hydrogen Micro-Systems: Households’ Preferences and Economic Futility," Energies, MDPI, vol. 17(7), pages 1-17, March.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:7:p:1524-:d:1362052
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