Social cost-benefit analysis of hydrogen mobility in Europe. (9th November 2016)

• Record Type: Journal Article
• Authors: Cantuarias-Villessuzanne, Carmen; Weinberger, Benno; Roses, Leonardo; Vignes, Alexis; Brignon, Jean-Marc
• Is Part Of: International journal of hydrogen energy. Volume 41:Number 42(2016)
• Page Start: 19304
• Page End: 19311
• Publication Date: 2016-11-09
• Subjects: Hydrogen economy -- Hydrogen fuel cell vehicles -- Social cost-benefit analysis -- External costs -- Carbon abatement cost -- Platinum depletion; CBA cost-benefit analysis -- CCS carbon capture and storage -- ETP Energy technology perspectives -- FCV fuel cell vehicles -- HRS hydrogen refueling stations -- ICEV internal combustion engine vehicles -- LCA life cycle assessment -- NPV net present value -- SMR steam methane reforming -- SNPV social net present value -- TCO total cost of ownership; Hydrogen as fuel -- Periodicals; Hydrogène (Combustible) -- Périodiques; Hydrogen as fuel; Periodicals; 665.81
• DOI: 10.1016/j.ijhydene.2016.07.213
• Languages: English
• ISSNs: 0360-3199

Abstract

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 CO 2 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. Highlights: Including social costs could foster transition to hydrogen-based transport in Europe. Abatement cost of CO2 could finance about 10% of the deployment cost. Platinum depletion is almost as significant as the abatement cost of CO2 . Considering externalities could speed up the transition by 10 years.