Shared capacity and levelized cost with application to power-to-gas technology

Glenk, Gunther

Glenk (2019) Reversible Power-to-Gas.pdf - Published

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URN: urn:nbn:de:bsz:180-madoc-523423
Document Type: Working paper
Year of publication: 2019
The title of a journal, publication series: MIT Center for Energy and Environmental Policy Research
Place of publication: Cambridge, MA
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Publication language: English
Institution: Business School > Stiftungsprofessur für ABWL (Reichelstein 2018-)
Subject: 330 Economics
333.7 Natural resources, energy and environment
Keywords (English): unit cost , capacity investment , product prices , renewable energy , energy storage
Abstract: Power-to-Gas could become a central enabler of the transition towards a sustainable economy by reversibly converting electricity to hydrogen. Contrary to the common belief that fossil fuels are indispensible, my analysis shows that reversible Power-to-Gas will be sufficiently competitive with fossil-based energy sources so as to solve the challenges of intermittent renewable electricity generation and widespread industrial decarbonization.

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