Profitability of Hydrogen Projects
The market ramp-up of hydrogen requires innovative and pioneering projects that test an early application of the technology in the market environment and thereby lay the foundations for long-term penetration in the energy system. The EWI supports various companies in the economic asset assessment of projects and components (e.g., electrolyzers).
The model-based analyses make it possible to simulate the projects’ deployment, taking into account market and technical constraints. They also allow for statements on the project’s economic viability (and, if applicable, funding requirements) under various market developments in the energy system.
Efficiently Shaping the Market Ramp-up
At present, there is still comparatively little investment in hydrogen technologies along the entire value chain. This could be due to market failures or high barriers to market entry. The EWI is researching the economic interrelationships in the market ramp-up of hydrogen to derive implications for potential subsidies or the reduction of market barriers.
Simultaneously, the EWI is researching the development of a hydrogen market and how a hydrogen economy can be established in Germany. The institute is also investigating the development of the global hydrogen value chain. This aspect is particularly relevant for Germany, as the country is dependent on hydrogen imports in the long term.
International Cooperation
Hydrogen is an energy carrier that is traded and studied globally. The EWI also cooperates with other renowned international research institutions such as the Oxford Institute for Energy Studies (OIES) or University College London (UCL) in the United Kingdom on this topic.