Green hydrogen credit subsidized renewable energy-hydrogen business models for achieving the carbon neutral future
Yang, Jiajia, Lai, Xinyi, Wen, Fushuan, and Dong, Zhaoyang (2024) Green hydrogen credit subsidized renewable energy-hydrogen business models for achieving the carbon neutral future. International Journal of Hydrogen Energy, 60. pp. 189-193.
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Abstract
The global resurgence of hydrogen as a clean energy source, particularly green hydrogen derived from renewable energy, is pivotal for achieving a carbon-neutral future. However, scalability poses a significant challenge. This research proposes innovative business models leveraging the low-emission property of green hydrogen to reduce its financial costs, thereby fostering its widespread adoption. Key components of the business workflow are elaborated, mathematical formulations of market parameters are derived, and case studies are presented to demonstrate the feasibility and efficiency of these models. Results demonstrate that the substantial costs associated with the current hydrogen industry can be effectively subsidized via the implementation of proposed business models. When the carbon emission price falls within the range of approximately 86–105 USD/ton, free access to hydrogen becomes a viable option for end-users. This highlights the significance and promising potential of the proposed business models within the green hydrogen credit framework.
| Item ID: | 82448 |
|---|---|
| Item Type: | Article (Research - C1) |
| ISSN: | 1879-3487 |
| Copyright Information: | © 2024 The Authors. Published by Elsevier Ltd on behalf of Hydrogen Energy Publications LLC. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/). |
| Date Deposited: | 03 Apr 2024 00:57 |
| FoR Codes: | 40 ENGINEERING > 4008 Electrical engineering > 400805 Electrical energy transmission, networks and systems @ 30% 40 ENGINEERING > 4008 Electrical engineering > 400803 Electrical energy generation (incl. renewables, excl. photovoltaics) @ 70% |
| SEO Codes: | 17 ENERGY > 1708 Renewable energy > 170899 Renewable energy not elsewhere classified @ 50% 17 ENERGY > 1703 Energy storage, distribution and supply > 170309 Smart grids @ 50% |
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