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The global energy landscape is undergoing a major transformation, upending decades of economic thinking built around resource scarcity. Unlike fossil fuels – continuously extracted from finite, geographically fixed deposits – renewable energy revolves around manufacturing technology that...
Persistent link: https://www.econbiz.de/10015396302
Contract for difference (CfD) entered the hydrogen sector as a natural extension of their successful application in the electricity sector. In the UK, low carbon hydrogen CfDs are primarily focused on two key objectives: reducing the costs of hydrogen production and scaling up production...
Persistent link: https://www.econbiz.de/10015078600
As the world races to decarbonize its energy systems, the choice between transmitting green energy as electrons through high-voltage direct current (HVDC) lines or as molecules via hydrogen pipelines emerges as a critical decision. This paper considers this pivotal choice and compares the...
Persistent link: https://www.econbiz.de/10014414216
The future of the European hydrogen supply industry lies at the heart of the European Union’s energy policy, demanding the reconciliation of conflicting interests in liberalization, sustainability, and security of supply. This paper analyses the unique challenges faced by the emerging hydrogen...
Persistent link: https://www.econbiz.de/10014391334
The role of distributed energy resources (DERs) in future power systems is becoming increasingly important due to the ongoing transformation of the electricity sector towards carbon neutrality and higher decentralization. As changes in the demand side continue, such as the adoption of electric...
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As the world's third-biggest emitter of greenhouse gases, India has pledged to achieve net-zero carbon emissions by 2070. The electricity sector is at the forefront of decarbonisation initiatives and distributed energy resources (DERs) are expected to play a key role in enabling the country to...
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