Hydrogen (H2.ECO) as a green energy carrier can be generated in arbitrary quantities with the help of volatile renewable energy sources, can be stored and transported without losses. The authors show how H2 will act as an important link between renewable volatile energy sources and highly efficient decentralized energy conversion systems (heat, electricity, mobility) in the future. To successfully implement green H2 in the markets, new innovative business models are needed. Business models can only represent and describe parts of a whole company and its environment due to real complexity. To catalog and evaluate these features in the green H2 context is the task of this thesis.
Buy the domain name h2.eco for US$ 9,500 by emailing firstname.lastname@example.org or directly at the domain marketplace Dan.com.Today, the search term “hydrogen store” has already about 161 million search results at Google. Therefore the domain is a perfect choice to name products, applications, and services connected with hydrogen. It is short, descriptive, and meaningful to business partners and consumers.
A second misguided development threatens the use of hydrogen: Not everywhere where green hydrogen and synthetic energy sources could be used, this makes economic and ecological sense. If green electricity can be used directly – as by the e-car in road transport or the heat pump in heat supply – this is generally cheaper and more environmentally friendly. It makes sense to use hydrogen in parts of industry and in international shipping and aviation. According to current knowledge, hydrogen and synthetic energy sources play an important role in these areas in order to achieve climate targets.
H2.ECO Hydrogen in the US
Hydrogen (H2) is the most abundant chemical element in nature. It is obtained from the element water (H2O) using energy through electrolysis. Electrolysis is a chemical process in which electrical energy is converted into chemical energy. In a reverse process, this stored energy can also be released again in the form of electricity. Alternatively, hydrogen can also be produced from fossil fuels or biomass by so-called reformation. In the long term, however, the use of renewable energies is the best approach, as it is CO2-free and therefore climate-friendly. Hydrogen based on renewable energies also represents a practically unlimited resource that can be used in various areas.
In fact, the production of H2 ecologically is currently still very cost-intensive, especially when compared to the market price of fossil fuels (such as gasoline, diesel or natural gas). To reduce production costs, more extensive production is necessary. The more hydrogen is produced, the cheaper it becomes for the consumer. Sectors that need hydrogen most urgently for CO2 neutrality due to a lack of alternatives (e.g., heavy transport, aviation and shipping) are extremely price-sensitive. They are therefore still holding back on investing in hydrogen technology. This reduces demand and means that no structured industrial production of hydrogen is taking place. Government support programs, tax incentives, fixed purchase quantities or binding quotas can be viable solutions to facilitate the competitive production of hydrogen..
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