Economics of hydrogen energy of green transition in the world and Russia.Part I

• Published in: International journal of hydrogen energy 2023-07, Vol.48 (57), p.21544-21567
• Main Authors: Zhiznin, S.Z., Shvets, N.N., Timokhov, V.M., Gusev, A.L.
• Format: Article
• Language: English
• Subjects: Economics of hydrogen energy; Green energy transition; Hydrogen energy carrier; Hydrogen fuels; Hydrogen geopolitics; Hydrogen markets
• ISSN: 0360-3199
• DOI: 10.1016/j.ijhydene.2023.03.069

Recently, the theme of the “green transition”, in which the economic and commercial prospects of the hydrogen industry play a leading role, in the global energy industry has attracted special attention from business, government and scientific circles in many countries, which is associated with its predicted impact, incl. due to the climate agenda, to the economic, technological and geopolitical redistribution of the energy map of the world at the global and regional levels. Some slowdown in the “green transition” is expected due to the need to overcome the global energy crisis in the next two or three years, which may turn out to be more serious than the crisis of the 1970s of the last century which will require eliminating the shortage of traditional non-renewable energy resources in the near future. Nevertheless, the “green transition”, in which hydrogen accents are intensifying, continues to be implemented, which will have a serious impact on the system of international and international economic relations in the world. Thanks to the financial support of the state and business, modern technologies of the entire hydrogen energy chain are actively developing, hydrogen markets are being formed in the conditions of inter-fuel competition, as well as hydrogen energy command centers at the global, regional, country and corporate levels.