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Economics of Hydrogen

In: The Palgrave Handbook of International Energy Economics

Author

Listed:
  • Martin Robinius

    (Institute of Energy and Climate Research, Techno-economic Systems Analysis (IEK-3), Forschungszentrum Jülich GmbH
    JARA-ENERGY
    umlaut energy GmbH)

  • Simonas Cerniauskas

    (Institute of Energy and Climate Research, Techno-economic Systems Analysis (IEK-3), Forschungszentrum Jülich GmbH
    RWTH Aachen University, c/o Institute of Electrochemical Process Engineering (IEK-3), Forschungszentrum Jülich GmbH)

  • Reinhard Madlener

    (School of Business and Economics / E.ON Energy Research Center, Institute for Future Energy Consumer Needs and Behavior (FCN), RWTH Aachen University
    Norwegian University of Science and Technology (NTNU)
    JARA-ENERGY)

  • Christina Kockel

    (School of Business and Economics / E.ON Energy Research Center, Institute for Future Energy Consumer Needs and Behavior (FCN), RWTH Aachen University)

  • Aaron Praktiknjo

    (School of Business and Economics / E.ON Energy Research Center, Institute for Future Energy Consumer Needs and Behavior (FCN), RWTH Aachen University
    JARA-ENERGY)

  • Detlef Stolten

    (Institute of Energy and Climate Research, Techno-economic Systems Analysis (IEK-3), Forschungszentrum Jülich GmbH
    JARA-ENERGY
    RWTH Aachen University, c/o Institute of Electrochemical Process Engineering (IEK-3), Forschungszentrum Jülich GmbH)

Abstract

Robinius et al. provide valuable information needed for a discussion of the potential role of hydrogen for decarbonizing energy systems. They first discuss major technical and economic characteristics of hydrogen supply systems, followed by potential end-use applications of hydrogen fuels of different origin (“color coding”), fuel supply cost estimates, and an overview of the various hydrogen production, supply, and storage options. Hydrogen-related policy and regulatory aspects are discussed as well as safety and public acceptance issues. Finally, it deals with the willingness to pay of consumers for different alternative fuel vehicle characteristics. The review concludes by arguing that “green hydrogen” is widely accepted among consumers, that costs are expected to decline rapidly with the market diffusion of hydrogen technologies, and that policymakers’ and business interest is presently on the rise.

Suggested Citation

  • Martin Robinius & Simonas Cerniauskas & Reinhard Madlener & Christina Kockel & Aaron Praktiknjo & Detlef Stolten, 2022. "Economics of Hydrogen," Springer Books, in: Manfred Hafner & Giacomo Luciani (ed.), The Palgrave Handbook of International Energy Economics, chapter 0, pages 75-102, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-86884-0_4
    DOI: 10.1007/978-3-030-86884-0_4
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Reinhard Madlener & Stefan Vögtli, 2006. "Diffusion of bioenergy in urban areas: socio-economic analysis of the planned Swiss wood-fired cogeneration plant in Basel," CEPE Working paper series 06-53, CEPE Center for Energy Policy and Economics, ETH Zurich.
    2. Silvia Banfi & Massimo Filippini & Andrea Horehájová, 2007. "Hedonic Price Functions for Zurich and Lugano with Special Focus on Electrosmog," CEPE Working paper series 07-57, CEPE Center for Energy Policy and Economics, ETH Zurich.
    3. Kumbaroglu, Gürkan & Madlener, Reinhard & Demirel, Mustafa, 2008. "A real options evaluation model for the diffusion prospects of new renewable power generation technologies," Energy Economics, Elsevier, vol. 30(4), pages 1882-1908, July.
    4. Madlener, Reinhard & Koller, Martin, 2007. "Economic and CO2 mitigation impacts of promoting biomass heating systems: An input-output study for Vorarlberg, Austria," Energy Policy, Elsevier, vol. 35(12), pages 6021-6035, December.
    5. Silvia Banfi & Massimo Filippini & Andrea Horehájová, 2012. "Using a choice experiment to estimate the benefits of a reduction of externalities in urban areas with special focus on electrosmog," Applied Economics, Taylor & Francis Journals, vol. 44(3), pages 387-397, January.
    6. Reinhard Madlener & Carlos Henggeler Antunes & Luis C. Dias, 2006. "Multi-Criteria versus Data Envelopment Analysis for Assessing the Performance of Biogas Plants," CEPE Working paper series 06-49, CEPE Center for Energy Policy and Economics, ETH Zurich.
    7. Reinhard Madlener & Carmenza Robledo & Bart Muys & Bo Hektor & Julije Domac, 2003. "A Sustainability Framework for Enhancing the Long-Term Success of LULUCF Projects," CEPE Working paper series 03-29, CEPE Center for Energy Policy and Economics, ETH Zurich.

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