Bridging the European wind energy market and a future renewable hydrogen-inclusive economy a dynamic techno-economic assessment
The study establishes the link between the growing wind market and the emerging hydrogen market of the European Union, in a so-called “wind-hydrogen strategy”. It considers specifically the diversion of wind electricity, as a wind power control mechanism in high wind penetration situations, for the production of renewable electrolytic hydrogen – a potentially important component of a renewable-hydrogen-inclusive economy. The analysis examines the long-term competitiveness of a wind-hydrogen strategy via cost-benefit assessment. It indicates the duration and extent to which (financial) support,... if any, would need to be provided in support of such a strategy, and the influence over time of certain key factors on the outcome.