Arbeitspapier
Charting the development of a global market for low-carbon hydrogen
This paper analyses the impact of supply technology choices and costs on structures and prices on the emerging low-carbon hydrogen market using a novel, integrated natural gas and hydrogen market model. It shows that natural gas-based low-carbon hydrogen production pathways predominate in technology-neutral scenarios in 2050. In scenarios where hydrogen production is gas-based, hydrogen is produced close to the point of consumption. Natural gas prices determine local hydrogen prices. In scenarios characterised by high shares of RES-based low-carbon hydrogen production, long-distance, cross-border trade in pure hydrogen becomes an economically viable proposition due to the heterogeneous distribution of low-cost RES potentials and significant hydrogen price spreads between countries with high hydrogen demand but poor RES potentials, and countries that are well endowed with cost-competitive RES. Trade is conducted almost exclusively via pipeline. The analysis finds the most significant potential for cross-border trade in and around Europe. It suggests that it would be economical for Europe to import substantial quantities of low-carbon hydrogen from North Africa.
- Sprache
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Englisch
- Erschienen in
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Series: EWI Working Paper ; No. 22/03
- Klassifikation
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Wirtschaft
Energy: General
Alternative Energy Sources
Energy: Other
- Thema
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Hydrogen
- Ereignis
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Geistige Schöpfung
- (wer)
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Schönfisch, Max
- Ereignis
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Veröffentlichung
- (wer)
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Institute of Energy Economics at the University of Cologne (EWI)
- (wo)
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Cologne
- (wann)
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2022
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Schönfisch, Max
- Institute of Energy Economics at the University of Cologne (EWI)
Entstanden
- 2022