STUDY ON EARLY BUSINESS CASES FOR H2 IN ENERGY STORAGE AND MORE BROADLY POWER TO H2 APPLICATIONS
Hydrogen is widely recognised as a promising option for storing large quantities of renewable electricity over longer periods. For that reason, in an energy future where renewables are a dominant power source, opportunities for Power to- Hydrogen in the long-term appear to be generally acknowledged. The key challenge today is to identify concrete short-term investment opportunities, based on sound economics and robust business cases. The focus of this study is to identify these early business cases and to assess their potential replicability within the EU from now until 2025. An essential part and innovative approach of this study is the detailed analysis of the power sector including its transmission grid constraints.