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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?

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  • 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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    Cited by:

    1. Christoph Loschan & Daniel Schwabeneder & Matthias Maldet & Georg Lettner & Hans Auer, 2023. "Hydrogen as Short-Term Flexibility and Seasonal Storage in a Sector-Coupled Electricity Market," Energies, MDPI, vol. 16(14), pages 1-35, July.
    2. Di Lu & Yonggang Peng & Jing Sun, 2024. "Dual-Stage Optimization Scheduling Model for a Grid-Connected Renewable Energy System with Hybrid Energy Storage," Energies, MDPI, vol. 17(3), pages 1-19, February.
    3. Marie Dejonghe, 2023. "Risky Business? Evaluating Hydrogen Partnerships Established by Germany, The Netherlands, and Belgium," Sustainability, MDPI, vol. 15(24), pages 1-15, December.
    4. Egerer, Jonas & Farhang-Damghani, Nima & Grimm, Veronika & Runge, Philipp, 2024. "The industry transformation from fossil fuels to hydrogen will reorganize value chains: Big picture and case studies for Germany," Applied Energy, Elsevier, vol. 358(C).
    5. Zhang, Rui & Cao, Xuewen & Zhang, Xingwang & Yang, Jian & Bian, Jiang, 2024. "Co-benefits of the liquid hydrogen economy and LNG economy: Advances in LNG integrating LH2 production processes," Energy, Elsevier, vol. 301(C).
    6. Wei, Taoyuan, 2024. "Multiplier effect on reducing carbon emissions of joint demand and supply side measures in the hydrogen market," Energy, Elsevier, vol. 305(C).
    7. Madadkhani, Shiva & Ikonnikova, Svetlana, 2024. "Toward high-resolution projection of electricity prices: A machine learning approach to quantifying the effects of high fuel and CO2 prices," Energy Economics, Elsevier, vol. 129(C).
    8. Kai Schulze & Mile Mišić & Nikola Radojičić & Berkin Serin, 2024. "Evaluating Partners for Renewable Energy Trading: A Multidimensional Framework and Tool," Sustainability, MDPI, vol. 16(9), pages 1-22, April.
    9. Antweiler, Werner & Schlund, David, 2024. "The emerging international trade in hydrogen: Environmental policies, innovation, and trade dynamics," Journal of Environmental Economics and Management, Elsevier, vol. 127(C).

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