www.esri.ie | @ESRIDublin - Policy design for green hydrogen - Niall Farrell,

PowerPoint Presentation www.esri.ie | @ESRIDublin Policy design for green hydrogen Niall Farrell, Economic and Social Research Institute www.esri.ie | @ESRIDublin Objective • Review the cost of hydrogen technologies for Climate Change Advisory Council • Structured literature review according to cost competitiveness and required policy response • General framework that can be applied to other techn. [...] • Storage • Certain technology exists www.esri.ie | @ESRIDublin Technological and logistical constraints • Transport & Industrial processes • Technology exists in most cases • Cost-competitiveness will guide deployment www.esri.ie | @ESRIDublin Technological and logistical constraints www.esri.ie | @ESRIDublin Step 2: Cost competitiveness Cost of production www.esri.ie | @ESRIDublin Step 2: Cost-c. [...] www.esri.ie | @ESRIDublin Cost competitiveness Cost of Application www.esri.ie | @ESRIDublin Cost competitiveness • Space heating • C. [...] Medium likelihood 2030 • Vehicle capital cost reductions primary driver for early cost competitiveness www.esri.ie | @ESRIDublin Cost of application • Electricity storage • Hydrogen suitable for longer-term storage at high degrees of renewable penetration • Likely this most suitable during 2030-2040 window for Ireland • Policy response: technology-neutral incentives for flexible capacity. [...] • Credit constraints • Behavioural constraints • Transport • Tech neutral price supports if implemented – let consumers decide between electric and hydrogen • Credit constraints • Behavioural constraints • Seeding of early adoption www.esri.ie | @ESRIDublin When do we need to start thinking about policy intervention? www.esri.ie | @ESRIDublin In addition, policy response for production • Given wha.