An exemplary subsidization path for the green hydrogen economy uptake: Rollout policies in the United States and the European Union

Gatto A., Sadik-Zada E. R., Lohoff T., Aldieri L., Vinci C. P., Peitz K. A.

JOURNAL OF CLEANER PRODUCTION, vol.440, 2024 (SCI-Expanded) identifier identifier

  • Nəşrin Növü: Article / Article
  • Cild: 440
  • Nəşr tarixi: 2024
  • Doi nömrəsi: 10.1016/j.jclepro.2024.140757
  • jurnalın adı: JOURNAL OF CLEANER PRODUCTION
  • Jurnalın baxıldığı indekslər: Science Citation Index Expanded (SCI-EXPANDED), Scopus, Academic Search Premier, PASCAL, Aerospace Database, Business Source Elite, Business Source Premier, CAB Abstracts, Chimica, Communication Abstracts, Compendex, INSPEC, Metadex, Pollution Abstracts, Public Affairs Index, Veterinary Science Database, Civil Engineering Abstracts
  • Adres: Bəli

Qısa məlumat

The present paper reviews the green hydrogen uptake policies in the United States and the European Union. While the EU has a rather broad public support strategy that envisages the entire hydrogen value chain, the U.S. policies are more focused on hydrogen research hubs and subsidies having electric vehicle applications. From the experience of the solar and wind power rollout of the past three decades, we know that the subsidization schemes of the end product play an important role in the transition to renewables. These kinds of subsidization schemes are still lacking for clean hydrogen both in the EU and the U.S. This paper provides a brief overview of selected subsidization schemes from other renewables markets, which are then applied to define an exemplary subsidization path to empower large-scale growth in a market for green hydrogen. Here is proposed a long-term subsidization scheme - deemed as an adequate strategy for the expansion of clean hydrogen in an electricity mix. The suggested exemplary subsidization path recommends shifting from feed-in tariffs to direct marketing with market premiums once a certain threshold is reached, while both can be flanked by the issuance of a Guarantee of Origin for green hydrogen so that there is one market for hydrogen and another market for the certificates.