Analysis of the economic potential of Hydrogen Energy Release Optimiser (HERO) in Europe and Africa / Middle East

The objective of this project is to create a clear understanding of opportunities, challenges and risks for hydrogen-based technologies for various purposes, such as baseload power generation, district/local heating, industrial heating in Europe. In addition, the water desalination sector Southern Europe and other key world regions such as Africa and the Middle East are part of the analysis due to its high energy demand and thus application potential for green hydrogen technologies. We also assess the role of domestic / regional energy and climate policies such as the EU emissions trading scheme (EU ETS) and their effect on the economic feasibility for private sector investors.

• Project lead Sonja Butzengeiger
• Expert Axel Michaelowa