Social cost-benefit analysis of hydrogen mobility in Europe

Abstract : The deployment of hydrogen technologies in the energy mix and the use of hydrogen fuel cell vehicles (FCV) are expected to significantly reduce European greenhouse emissions. We carry out a social cost-benefit analysis to estimate the period of socio-economic conversion, period for which the replacement of gasoline internal combustion engine vehicles (ICEV) by FCV becomes socio-economically profitable. In this study, we considered a hydrogen production mix of five technologies: natural gas reforming processes with or without carbon capture and storage, electrolysis, biogas processes and on-site production. We estimate two external costs: the abatement cost of CO2 through FCV and the use of non-renewable resources in the manufacture of fuel cells by measuring platinum depletion. We forecast that carbon market could finance approximately 10% of the deployment cost of hydrogen-based transport and that an early economic conversion could be targeted for FCV. Almost ten years could be saved by considering externalities.
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Carmen Cantuarias, Benno Weinberger, Leonardo Roses, Alexis Vignes, Jean-Marc Brignon. Social cost-benefit analysis of hydrogen mobility in Europe. International Journal of Hydrogen Energy, Elsevier, 2016, 41 (42), pp.19304-19311. ⟨10.1016/j.ijhydene.2016.07.213⟩. ⟨ineris-01863846⟩

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