Bureau of Economic Geology

Is Hydrogen Economy Possible? From Micro to Macro Energy System Analysis

November 5, 2021 9:00 AM


Svetlana A. Ikonnikova, Ph.D.
Associate Professor for Resource Economics
Tum School of Management
Technical University of Munich


Existing research offers insights into production, operation, and cost efficiencies for a variety of hydrogen technologies. Technology evaluations agree on technical feasibility, but the consensus is not reached on whether hydrogen economy is an economically viable option for decarbonization.

The presented study focuses on what drives H2 demand and supply development around the world, analyzing the competitive and comparative advantages of hydrogen technologies today and in the future. Examples from the power sector, steel industry, and transportation help us identify and characterize the complex relationship between

hydrogen and fossil fuels. Then, in the energy transition context, we try to understand the (in)efficiency of carbon regulations and the role of renewable energy development in making the hydrogen economy possible.

Svetlana Ikonnikova

University of Texas at Austin

University of Texas

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