Economics of converting renewable power to hydrogen


Glenk, Gunther ; Reichelstein, Stefan


[img]
Preview
PDF
Nature_Energy.pdf - Published

Download (2MB)

DOI: https://doi.org/10.1038/s41560-019-0326-1
URL: https://madoc.bib.uni-mannheim.de/48755
URN: urn:nbn:de:bsz:180-madoc-487555
Document Type: Article
Year of publication: 2019
The title of a journal, publication series: Nature Energy
Volume: 4
Issue number: Febr.
Page range: 216-222
Place of publication: London
Publishing house: Nature Publishing Group ; Springer Nature
ISSN: 2058-7546
Publication language: English
Institution: Business School > Stiftungsprofessur für ABWL (Reichelstein 2018-)
License: CC BY 4.0
Subject: 330 Economics
333.7 Natural resources, energy and environment
Abstract: The recent sharp decline in the cost of renewable energy suggests that the production of hydrogen from renewable power through a power-to-gas process might become more economical. Here we examine this alternative from the perspective of an investor who considers a hybrid energy system that combines renewable power with an efficiently sized power-to-gas facility. The available capacity can be optimized in real time to take advantage of fluctuations in electricity prices and intermittent renewable power generation. We apply our model to the current environment in both Germany and Texas and find that renewable hydrogen is already cost competitive in niche applications (€3.23 kg−1), although not yet for industrial-scale supply. This conclusion, however, is projected to change within a decade (€2.50 kg−1) provided recent market trends continue in the coming years.
Additional information: Online-Ressource

Dieser Eintrag ist Teil der Universitätsbibliographie.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




+ Citation Example and Export

Glenk, Gunther ORCID: 0000-0003-2540-838X ; Reichelstein, Stefan (2019) Economics of converting renewable power to hydrogen. Open Access Nature Energy London 4 Febr. 216-222 [Article]
[img]
Preview


+ Search Authors in

BASE: Glenk, Gunther ; Reichelstein, Stefan

Google Scholar: Glenk, Gunther ; Reichelstein, Stefan

ORCID: Glenk, Gunther ORCID: 0000-0003-2540-838X ; Reichelstein, Stefan

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item