Commercialization model of hydrogen production technology in Taiwan: Dark fermentation technology applications

Hydrogen energy is an important alternative sustainable energy that can be used to reduce the impact of climate change. Its higher costs, as compared to conventional fossil fuels, impede its commercial applications. Therefore, investigating other potential business models is important. Dark fermenta...

Full description

Saved in:
Bibliographic Details
Published in:International journal of hydrogen energy 2016-02, Vol.41 (7), p.4489-4497
Main Authors: Hsu, Chiung-Wen, Lin, Chiu-Yue
Format: Article
Language:English
Subjects:
Biohydrogen
Biomass
Business
Business model
Commercialization
Costs
Dark fermentation
ESCO
Fermentation
Hydrogen production
Hydrogen storage
Hydrogen-based energy
Sales
Wastewater
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Hydrogen energy is an important alternative sustainable energy that can be used to reduce the impact of climate change. Its higher costs, as compared to conventional fossil fuels, impede its commercial applications. Therefore, investigating other potential business models is important. Dark fermentative hydrogen production can utilize non-economic organic substrate, such as wastewater, as the input material. Thus, such waste material becomes a useful potential energy source. This study investigates the commercialization of dark fermentation technology applications, and proposes that an ESCO be introduced as a key link in the production and sales business model of biohydrogen. Essentially, the ESCO would assume the role of hydrogen producer and work together with soft drink manufacturers; provide sewage treatment services using the organic material in the wastewater as the input material for dark fermentative hydrogen production; and sign long-term energy provision and service contracts with client users, such as the hydrogen stations that use the H2 and CH4 produced to guarantee successful sales. In such business models, ESCOs can obtain higher returns on investment by reducing the costs of hydrogen fermentation, purification, and storage through additional equipment purchases. •This study examines the commercialization model of dark fermentation applications.•This study proposes that an ESCO be introduced as a key link in the model.•The result shows that cost reduction can lead to higher returns on investments.
ISSN:0360-3199
1879-3487
DOI:10.1016/j.ijhydene.2015.07.080