The Hydrogen Research Programme aims to advance the understanding and implementation of a sustainable hydrogen economy by focusing on critical factors that drive scalability and integration into the global energy system. This includes transitioning from small scale, government-funded projects to large-scale, market-driven initiatives.
E.ON
Equinor
ExxonMobil
JERA
Johnson Matthey
KAPSARC
SLB
Scotiabank
SNAM
The Hydrogen Research Programme welcomes expressions of interest from visiting researchers who are experts in and passionate about this research. For further information, please get in touch with Bassam Fattouh.
The Programme acknowledges the kind support provided by its Sponsors, without which this research could not be undertaken.
Low carbon hydrogen (whether based on renewable or nuclear electricity, or fossil fuels with carbon capture) is a means to decarbonise sectors of the economy which are hard to electrify. Its business model is heavily dependent on government intervention (e.g. mandatory targets, subsidies, decarbonisation policies) so low carbon hydrogen is subject to significant regulatory risk. […]
As the power sector is the largest GHG emitter, it is important to investigate the fuels used in this sector. In 2023, coal was the primary source of electricity supply, accounting for 35.9%. Natural gas came in second, representing 23%. Asia has the largest number of coal plants in operation, standing at a capacity of […]
The State of the European Hydrogen Market Report provides an independent view of latest developments in the EU and UK. It is intended to be the first of a series of annual publications which will provide a snapshot overview of how the European hydrogen market is progressing each year. It covers both qualitative information, details […]
In this paper, we derive key economic principles for pricing low-carbon hydrogen and use a Pan-European Energy System Optimisation to demonstrate these principles. In particular, using this optimisation model results, the paper examines the statistical properties of emerging pricing for low-carbon hydrogen and its potential coupling with costs and prices of other energy vectors in the context […]
In joint work with an expert from ACER, this paper takes stock of economic policies and regulatory frameworks for natural gas in the US and Europe and answers the following questions. What lessons can we learn from decades of natural gas market regulation? What are the possible market structures for hydrogen in Europe? Should vertical […]
This research paper investigates the impact of main economic policy instruments on scaling up low-carbon hydrogen to decarbonise Europe’s ammonia production. It investigates and models the impact of carbon pricing, production subsidies, and carbon intensity standards on European ammonia production. It leverages and updates the existing stochastic economic model (Chyong et al., 2024) of ammonia […]