Our Projects
Perspectives Climate Research
10/2022-05/2023
H2Global Foundation
Benefits of carbon pricing for green PtX products
10/2022-05/2023
H2Global Foundation
Analysis of the impact of carbon pricing – in particular the EU-ETS, the domestic ETS in Germany and other EU-regulation such as CBAM, FQD, RED – on the economic feasibility of green PtX (produced within the EU and outside the EU).
WP 1 provides an overview of EU climate policies relevant for green PtX: the European Emissions Trading System, the German National Emissions Trading System, the Renewable Energy Directive (RED), the Fuel Quality Directive (FQD) and the Carbon Border Adjustment Mechanism (CBAM) – and assesses how these policies impact the economic attractiveness of green Ptx (both imported and produced domestically). WP 2 assesses the economic benefits for green PtX fuels from carbon pricing schemes quantitatively, by assessing levelized cost of hydrogen (LCOH) production and transportation costs for different world regions; and by evaluating the specific greenhouse gas emissions of PtX products for differen production sceanrios. WP3 provides insights on the accounting of emission reduction from utilisation of green PtX in national inventories (NIRs) of involved countries, and WP4 provides recommendations how to adjust carbon pricing instrument to increase the benefit for green PtX.
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