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European gas markets experienced a very turbulent period from 2020 to 2022, which led to the lowest ever northwest European gas prices at the end of May 2020, then several strong rallies led to four successive ‘highest ever’ prices, the most recent being in August 2022. After each of those...
Persistent link: https://www.econbiz.de/10015045199
Low carbon hydrogen (whether based on renewable or nuclear electricity, or fossil fuels with carbon capture) is a means to decarbonise sectors of the economy which are hard to electrify. Its business model is heavily dependent on government intervention (e.g. mandatory targets, subsidies,...
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Low carbon hydrogen (whether based on renewable or nuclear electricity, or fossil fuels with carbon capture) is a means to decarbonise sectors of the economy which are hard to electrify. Its business model is heavily dependent on government intervention (e.g. mandatory targets, subsidies,...
Persistent link: https://www.econbiz.de/10015051623
This paper uses a whole-system approach to examine different strategies related to the future role of the gas grid in a low-carbon heat system. A novel model of integrated gas, electricity and heat systems, HEGIT, is used to investigate four key sets of scenarios for the future of the gas grid...
Persistent link: https://www.econbiz.de/10014544974
Global climate changes urge prompt energy transition for less carbon emissions, from traditional fossil fuels to renewable and sustainable clean energy. However, in reality, the world's energy majority cannot make U-turn immediately to renewables or clean energy due to the immature technology...
Persistent link: https://www.econbiz.de/10014536460