On Bremen's industrial transformation: The role of hydrogen in production
Stephen Sacht and
Jan Wedemeier (matena@uni-bremen.de)
No 1/2025, HWWI Working Paper Series from Hamburg Institute of International Economics (HWWI)
Abstract:
Hydrogen serves as an energy source and represents an important cornerstone for achieving the goal of maintaining a level of zero-carbon-dioxide emissions in industry production processes. Our analysis is based on the computable general equilibrium framework and focuses on a partial switch to hydrogen used in production in northern Germany, particularly in the Bremen region. The simulation results indicate that Bremen's chemical, steel, and copper industries could replace up to 1.5, 15, and 35%, respectively, of petroleum and natural gas with hydrogen, without negative effects on overall production, until 2032. The share of electricity based on renewable sources in the production of hydrogen amounts to approximately 74%. This step can be seen as required for the production of green hydrogen, i.e., in the absence of fossil energy sources.
Keywords: Computable General Equilibrium Model Analysis; Hydrogen Economy; Regional and Industrial Development; Bremen (search for similar items in EconPapers)
JEL-codes: C68 O13 Q21 R13 (search for similar items in EconPapers)
Date: 2025
New Economics Papers: this item is included in nep-ene and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:hwwiwp:308096
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