Hydrogen Micro-Systems: Households’ Preferences and Economic Futility
Anna-Lena Klingler () and
Julian Dörr
Additional contact information
Anna-Lena Klingler: Fraunhofer IAO—Institute for Industrial Engineering, 70569 Stuttgart, Germany
Julian Dörr: Institute of Human Factors and Technology Management IAT, University of Stuttgart, 70569 Stuttgart, Germany
Energies, 2024, vol. 17, issue 7, 1-17
Abstract:
This study examines the potential market for residential hydrogen systems in light of the trends towards digitalisation and environmental awareness. Based on a survey of 350 participants, the results indicate that although energy experts are sceptical about the benefits of residential hydrogen systems due to their high costs, households are highly interested in this technology. The sample shows a willingness to invest in hydrogen applications, with some households willing to pay an average of 24% more. An economic assessment compared the cost of a residential hydrogen system with conventional domestic energy systems, revealing significant additional costs for potential buyers interested in hydrogen applications.
Keywords: hydrogen; decentralized energy supply; self-consumption; household survey; economic assessment (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
https://www.mdpi.com/1996-1073/17/7/1524/pdf (application/pdf)
https://www.mdpi.com/1996-1073/17/7/1524/ (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:17:y:2024:i:7:p:1524-:d:1362052
Access Statistics for this article
Energies is currently edited by Ms. Agatha Cao
More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().