Abstract
With the expansion of renewable energy's contribution to the energy mix, balancing the electricity grid is becoming increasingly challenging. Alongside other solutions, Power-to-Hydrogen concepts are gaining significant interest. In this paper, the 'Task 38', initiated by the Hydrogen Implementing Agreement of the International Energy Agency, presents the first of a two-step literature review regarding Power-to-Hydrogen and Hydrogen-to-X concepts with a focus on prospective market and economic potential. The study reveals a large scope of literature that shows a considerable variety of suggested implementation schemes. The transportation sector is identified as the most promising consumer market. Hydrogen-to-Gas pathways will require subsidies in order to be profitable. Hydrogen-to-Power becomes an economically promising option in the context of systems with high shares of renewables and a need for longer-term storages. Additionally, key enablers for Power-to-Hydrogen concepts are identified; namely support policies, concurrently with ongoing progress on the development and implementation of industry standard.
Original language | English |
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Title of host publication | 14th International Conference on the European Energy Market (EEM), 2017 |
Subtitle of host publication | 6-9 June 2017, Dresden, Germany |
Publisher | IEEE |
Pages | 1-6 |
Number of pages | 6 |
Volume | 14 |
ISBN (Electronic) | 9781509054992 |
ISBN (Print) | 978-1-5090-5499-2 |
DOIs | |
Publication status | Published - 17 Jul 2017 |
Event | 14th International Conference on the European Energy Market, EEM 2017 - Dresden, Germany Duration: 6 Jun 2017 → 9 Jun 2017 |
Conference
Conference | 14th International Conference on the European Energy Market, EEM 2017 |
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Abbreviated title | EEM 2017 |
Country/Territory | Germany |
City | Dresden |
Period | 6/06/17 → 9/06/17 |
Keywords
- Hydrogen in the Economy
- Hydrogen-to-X
- Power-to-Gas
- Power-to-Hydrogen
- Renewable Energy
ASJC Scopus subject areas
- Marketing
- Energy Engineering and Power Technology
- Fuel Technology