scholarly journals Future Hydrogen Markets for Transportation and Industry: The Impact of CO2 Taxes

Energies ◽  
2019 ◽  
Vol 12 (24) ◽  
pp. 4707 ◽  
Author(s):  
Simonas Cerniauskas ◽  
Thomas Grube ◽  
Aaron Praktiknjo ◽  
Detlef Stolten ◽  
Martin Robinius

The technological lock-in of the transportation and industrial sector can be largely attributed to the limited availability of alternative fuel infrastructures. Herein, a countrywide supply chain analysis of Germany, spanning until 2050, is applied to investigate promising infrastructure development pathways and associated hydrogen distribution costs for each analyzed hydrogen market. Analyzed supply chain pathways include seasonal storage to balance fluctuating renewable power generation with necessary purification, as well as trailer- and pipeline-based hydrogen delivery. The analysis encompasses green hydrogen feedstock in the chemical industry and fuel cell-based mobility applications, such as local buses, non-electrified regional trains, material handling vehicles, and trucks, as well as passenger cars. Our results indicate that the utilization of low-cost, long-term storage and improved refueling station utilization have the highest impact during the market introduction phase. We find that public transport and captive fleets offer a cost-efficient countrywide renewable hydrogen supply roll-out option. Furthermore, we show that, at comparable effective carbon tax resulting from the current energy tax rates in Germany, hydrogen is cost-competitive in the transportation sector by the year 2025. Moreover, we show that sector-specific CO2 taxes are required to provide a cost-competitive green hydrogen supply in both the transportation and industrial sectors.

2019 ◽  
Author(s):  
Simonas Cerniauskas ◽  
Thomas Grube ◽  
Aaron Praktiknjo ◽  
Detlef Stolten ◽  
Martin Robinius

The technological lock-in of the transportation and industrial sector can be largely attributed to the limited availability of alternative fuel infrastructures. Herein, a countrywide supply chain analysis of Germany, spanning until 2050, is applied to investigate promising infrastructure development pathways and associated hydrogen distribution costs for each analyzed hydrogen market. Analyzed supply chain pathways include seasonal storage to balance fluctuating renewable power generation with necessary purification, as well as trailer- and pipeline-based hydrogen delivery. The analysis encompasses green hydrogen feedstock in the chemical industry and fuel cell-based mobility applications, such as local buses, non-electrified regional trains, material handling vehicles, and trucks, as well as passenger cars.Our results indicate that the utilization of low-cost, long-term storage and improved refueling station utilization have the highest impact during the market introduction phase. We find that public transport and captive fleets offer a cost-efficient countrywide renewable hydrogen supply roll-out option. Furthermore, we show that, at comparable effective carbon tax resulting from the current energy tax rates in Germany, hydrogen is cost-competitive in the transportation sector by the year 2025. Furthermore, we show that sector-specific CO2 taxes are required to provide cost-competitive green hydrogen supply in both the transportation and industrial sectors.


2020 ◽  
Vol 26 (4) ◽  
pp. 131-137
Author(s):  
Ewelina Staniszewska ◽  
Dorota Klimecka-Tatar ◽  
Matevž Obrecht

AbstractEvery year approximately 70 million passenger cars are being produced and automotive industry is much bigger then just passenger cars. The impact of automotive industry on the environment is tremendous. From extracting raw materials through manufacturing and assembly processes, exploitation of the vehicle to the reprocessing irreversible, extensive environmental damage is done. The goal of this study is to show how implementing eco-design processes into supply chain management can reduce the impact of automotive industry on the environment by e.g. reducing the use of the fuel, increasing the use of recycled materials. Focus is on evaluation of current state, environmental impacts and potential improvements for design, raw materials, manufacturing and distribution and end-of-life phase.


Author(s):  
Hande Mutlu Ozturk

Technological developments in recent years have been affecting the lives of people and societies more rapidly than in the past. Developments in the field of communication, robotics, transportation, etc. are called the 4th Industrial Revolution or Industry 4.0 in the industrial sector. Technological developments have created great changes in the services and industrial sectors. Industry 4.0 has also led to changes in the transformation of the tourism sector and is likely to occur in future processes. This chapter examines the impact of Industry 4.0 on the tourism sector.


2014 ◽  
Vol 472 ◽  
pp. 1061-1065
Author(s):  
Yan Jun Wu ◽  
Shi Dong Ji ◽  
Li Jiang Jia

This paper using data of China's Industrial Sector in 1996 -2010, selecting the stochastic frontier production function model, estimating the rate of change of total factor productivity in various industries, gets the level of technological progress in various industries. On this basis, domestic and foreign investment in 1996 -2010 data, were used based on the panel data model to study the impact of the level of domestic and foreign investment in industrial sectors of technological progress. The empirical results show that the industrial technological progress in the vast majority of the industry comes from domestic investment or foreign investment, the individual industry even at the same time by the dual effects of domestic and foreign investment, When the industry is characterized by high degree of market competition and foreign investment to domestic investment proportion is higher, technological progress is more inclined to come from domestic investment, the contrary is more inclined to come from foreign investment.


2013 ◽  
Vol 869-870 ◽  
pp. 840-843
Author(s):  
Xin Janet Ge

The Australian carbon pricing scheme (carbon tax) was introduced and became effective on 01 July 2012. The introduction of the carbon tax immediately increases the cost of electricity to a number of industries such as manufacturing and construction. Households were also affected as a result of these costs been passed through the supply chain of the affected industries. The carbon tax policy was introduced to addresses greenhouse emissions and energy consumption in Australia. However, the carbon tax policy may have introduced a number of economic risk factors to the Australian housing market, in particular the impact of housing affordability.


2021 ◽  
Vol 1 ◽  
Author(s):  
Fadwa Eljack ◽  
Monzure-Khoda Kazi

Low carbon hydrogen can be an excellent source of clean energy, which can combat global climate change and poor air quality. Hydrogen based economy can be a great opportunity for a country like Qatar to decarbonize its multiple sectors including transportation, shipping, global energy markets, and industrial sectors. However, there are still some barriers to the realization of a hydrogen-based economy, which includes large scale hydrogen production cost, infrastructure investments, bulk storage, transport & distribution, safety consideration, and matching supply-demand uncertainties. This paper highlights how the aforementioned challenges can be handled strategically through a multi-sector industrial-urban symbiosis for the hydrogen supply chain implementation. Such symbiosis can enhance the mutual relationship between diverse industries and urban planning by exploring varied scopes of multi-purpose hydrogen usage (i.e., clean energy source as a safer carrier, industrial feedstock and intermittent products, vehicle and shipping fuel, and international energy trading, etc.) both in local and international markets. It enables individual entities and businesses to participate in the physical exchange of materials, by-products, energy, and water, with strategic advantages for all participants. Besides, waste/by-product exchanges, several different kinds of synergies are also possible, such as the sharing of resources and shared facilities. The diversified economic base, regional proximity and the facilitation of rules, strategies and policies may be the key drivers that support the creation of a multi-sector hydrogen supply chain in Qatar.


2021 ◽  
pp. 097215092110391
Author(s):  
Ronen Harel

This study looked at the impact of the Coronavirus Disease 2019 (COVID-19) pandemic on the revenues of small businesses operating in industrial sectors and at the extent to which these businesses changed or adjusted their business activity, or changed the extent to which they utilized open innovation tools and implement innovation promotion processes. The findings show that, despite COVID-19’s far-reaching impact in all areas of life, the revenues of most small businesses in industrial sector were not adversely affected by the pandemic, and most of them did not change or adjust their business activities or the extent to which they employed open innovation tools and engage in innovation promotion processes. The findings also indicate that small businesses, most of whose revenues derive from subcontracting work to other businesses business to business (B2B) and from long-term agreements, are likely to cope better during periods of economic difficulty and under conditions of economic uncertainty. The findings also show that businesses that are active in the international markets have succeeded in adapting that activity to the changing demands and various trade restrictions. This study’s theoretical contribution lies in its focus on small businesses in the industrial sector and its examination of how the subcontracting strategy and international operations help such businesses contend with problems and conditions of economic uncertainty. On the practical plane, the findings suggest that policymakers should foster programmes that assist small businesses with these work strategies, which can help them survive, enhance their stability and thereby also promote the economy’s ability to withstand crisis situations


2018 ◽  
Vol 165 ◽  
pp. 10017 ◽  
Author(s):  
Joshua Hoole ◽  
Pia Sartor ◽  
Julian Booker ◽  
Jonathan Cooper ◽  
Xenofon V. Gogouvitis ◽  
...  

This paper presents a review of the conservatism approaches applied by different industrial sectors to the stress-life (S-N) analysis of ‘life-limited’ or ‘safe-life’ components. A comparison of the fatigue design standards for 6 industrial sectors identified that the conservatism approaches are highly inconsistent when comparing the areas of variability and uncertainty accounted for along with the conservatism magnitude and method of application. Through the use of a case-study based on the SAE keyhole benchmark and 4340 steel S-N data, the industrial sector which introduces the greatest reduction of a component life-limit was identified as the nuclear sector. The results of the case-study also highlighted that conservatism applied to account for scatter in S-N data currently provides the greatest contribution to the reduction of component life-limits.


2021 ◽  
Vol 4 (2) ◽  
pp. 207-221
Author(s):  
Rini Dwiyani Hadiwidjaja ◽  
Arianto Muditomo ◽  
Yanuar Trisnowati

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. An IPO allows a company to raise capital from public investors. This study aims to prove the sectoral impact of the Covid-19 pandemic in Indonesia. Qualitative identification through content analysis on public online media and report documents on the results of analysis by research institutes and consultants identifies potential negative impacts on several industrial sectors as a result of the Covid-19 pandemic throughout 2020, but on the other hand, IPO action on the Indonesian capital market in 2020 still ongoing. Previous research has not been found specifically that analyzes the relationship between the impact of Covid-19 on industry and the performance of IPO actions per industrial sector, then through the IPO under-pricing phenomenon approach, empirical evidence is carried out. This research uses secondary data for the initial returns of 315 companies that conducted IPO actions during the period 2010 to 2020 on the Indonesian capital market and testing using a paired sample test on the population of IPO actions before and during the Covid-19 pandemic, the results of this study indicate that simultaneously in all the corporate sector did not find any statistically significant difference in initial returns between the period before and during the pandemic. This shows that the Covid-19 pandemic does not directly impact the behavior of capital market investors, especially in making investment decisions in the primary market.


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