Opportunities and Future Challenges in Hydrogen Economy for Sustainable Development

Abstract Hydrogen economy is thought as a sunrise industry which would contribute to reducing energy consumption and emissions, as well as stimulating economic growth and bringing about new jobs. However, the one who promotes hydrogen economy also has to face challenges including technical bottleneck, competition with optional technologies, and interrelation with technology strategies. To identify the opportunities and challenges toward hydrogen economy, this chapter will first conduct an overview of economic and environmental initiatives of developing hydrogen economy to identify the stages and path of technology innovation. Then, a board review on national strategies and related policies of main countries including Japan, the United States, European Union, and China is carried out to compare the differences between main markets in the world. According to these information, crucial factors influencing hydrogen economy are identified that provides a great reference value for decision makers to reflect the strategy to promote hydrogen economy.

[1]  Martin Wietschel,et al.  Early hydrogen user centres and corridors as part of the European hydrogen energy roadmap (HyWays) , 2008 .

[2]  Srdjan M. Lukic,et al.  Topological overview of hybrid electric and fuel cell vehicular power system architectures and configurations , 2005, IEEE Transactions on Vehicular Technology.

[3]  Christopher Yang,et al.  Determining the lowest-cost hydrogen delivery mode , 2007 .

[4]  W. McDowall,et al.  Forecasts, scenarios, visions, backcasts and roadmaps to the hydrogen economy: A review of the hydrogen futures literature , 2006 .

[5]  Hongxing Yang,et al.  Technical feasibility study on a standalone hybrid solar-wind system with pumped hydro storage for a remote island in Hong Kong , 2014 .

[6]  Atul K. Raturi,et al.  Renewables 2016 Global status report , 2015 .

[7]  Chia-Yon Chen,et al.  Technology forecasting and patent strategy of hydrogen energy and fuel cell technologies , 2011 .

[8]  Kary Thanapalan,et al.  An overview of renewable energy technologies and hydrogen economy , 2013 .

[9]  G. Olah,et al.  Chemical recycling of carbon dioxide to methanol and dimethyl ether: from greenhouse gas to renewable, environmentally carbon neutral fuels and synthetic hydrocarbons. , 2009, The Journal of organic chemistry.

[10]  Ulf Bossel,et al.  Does a Hydrogen Economy Make Sense? , 2006, Proceedings of the IEEE.

[11]  Mark A. Delucchi,et al.  Hydrogen Fuel Cell Vehicles , 1992 .

[12]  Longlong Ma,et al.  A study on the economic efficiency of hydrogen production from biomass residues in China , 2008 .

[13]  Meyer Steinberg,et al.  Production of synthetic methanol from air and water using controlled thermonuclear reactor power—I. technology and energy requirement , 1977 .

[14]  S. Yolcular,et al.  Hydrogen Production for Energy Use in European Union Countries and Turkey , 2009 .

[15]  W. McDowall Technology roadmaps for transition management: The case of hydrogen energy , 2012 .

[16]  Aie,et al.  World Energy Outlook 2011 , 2001 .

[17]  M. Weeda,et al.  The hydrogen economy – Vision or reality? , 2015 .

[18]  J. Bockris The hydrogen economy: Its history , 2013 .

[19]  Weirong Lin,et al.  Hydrogen in China: Policy, program and progress , 2010 .

[20]  Aie CO2 Emissions from Fuel Combustion 2015 , 2015 .

[21]  W. Ni,et al.  The Future of Hydrogen Infrastructure for Fuel Cell Vehicles in China and a Case of Application in Beijing , 2004 .

[22]  Meyer Steinberg,et al.  Production of synthetic methanol from air and water using controlled thermonuclear reactor power—II. Capital investment and production costs , 1977 .