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Hydrogen Infrastructure Project Risks in The Netherlands

Author

Listed:
  • Pieter W. M. Vasbinder

    (Department of Economics, Econometrics and Finance, Faculty of Economics and Business, University of Groningen, Nettelbosje 2, 9747 AE Groningen, The Netherlands)

  • Antoine W. G. de Vries

    (N.V. Nederlandse Gasunie, Concourslaan 17, 9727 KC Groningen, The Netherlands)

  • Wim Westerman

    (Department of Economics, Econometrics and Finance, Faculty of Economics and Business, University of Groningen, Nettelbosje 2, 9747 AE Groningen, The Netherlands)

Abstract

This study aims to assess the potential risks of setting up a hydrogen infrastructure in the Netherlands. An integrated risk assessment framework, capable of analyzing projects, identifying risks and comparing projects, is used to identify and analyze the main risks in the upcoming Dutch hydrogen infrastructure project. A time multiplier is added to the framework to develop parameters. The impact of the different risk categories provided by the integrated framework is calculated using the discounted cash flow (DCF) model. Despite resource risks having the highest impact, scope risks are shown to be the most prominent in the hydrogen infrastructure project. To present the DCF model results, a risk assessment matrix is constructed. Compared to the conventional Risk Assessment Matrix (RAM) used to present project risks, this matrix presents additional information in terms of the internal rate of return and risk specifics.

Suggested Citation

  • Pieter W. M. Vasbinder & Antoine W. G. de Vries & Wim Westerman, 2021. "Hydrogen Infrastructure Project Risks in The Netherlands," Energies, MDPI, vol. 14(19), pages 1-19, September.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:19:p:6009-:d:640283
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    References listed on IDEAS

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    Cited by:

    1. Nguyen Van Duc Long & Le Cao Nhien & Moonyong Lee, 2023. "Advanced Technologies in Hydrogen Revolution," Energies, MDPI, vol. 16(5), pages 1-4, February.
    2. Passmore, Reid & Watkins, Kari E. & Guensler, Randall, 2021. "BikewaySim Technology Transfer: City of Atlanta, Georgia," Institute of Transportation Studies, Working Paper Series qt23n9389j, Institute of Transportation Studies, UC Davis.

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