期刊
INTERNATIONAL JOURNAL OF HYDROGEN ENERGY
卷 47, 期 53, 页码 22285-22301出版社
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.ijhydene.2022.05.055
关键词
Green hydrogen; Levelized cost; Adoption rate; Hydrogen economy; Industrial hydrogen
This paper quantifies the potential of green hydrogen in the United Arab Emirates and considers the impact of varying prices on the economics of green H-2 adoption. The findings suggest economic viability and rapid scale-up to large export-oriented production capacities, but additional interventions may be required to achieve decarbonization in alignment with the 2050 net-zero target if cost reductions slow or gas prices return to historical lows.
The establishment of a hydrogen economy for domestic use and energy exports is increasingly attractive to fossil fuel exporting countries. This paper quantifies the potential of green hydrogen in the United Arab Emirates, using an integrated adoption model based on global technoeconomic trends and local costs. We consider the impact of varying hydrogen, oil, natural gas, and carbon prices on the economics of green H-2 adoption. In our Business-As-Usual (BAU) scenario, we observe economic viability in UAE industries between 2032 and 2038 at H-2 prices between $0.95/kg and $1.35/kg based on electrolyzer cost assumptions, solar forecasts and learning rates. We also note rapid scale-up to large export-oriented production capacities across our scenarios. However, if cost reductions slow or gas prices return to historical lows, additional interventions such as carbon pricing would be required to fully decarbonize in alignment with the 2050 net-zero target. (C) 2022 Hydrogen Energy Publications LLC. Published by Elsevier Ltd. All rights reserved.
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