Economic valuation of green hydrogen charging compared to gray hydrogen charging: The case of South Korea
The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur inv...
Ausführliche Beschreibung
Autor*in: |
Park, Changeun [verfasserIn] |
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E-Artikel |
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Sprache: |
Englisch |
Erschienen: |
2022transfer abstract |
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Umfang: |
11 |
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Übergeordnetes Werk: |
Enthalten in: External auditory canal: Inferior, posterior-inferior, and anterior canal wall overhangs - Dedhia, Kavita ELSEVIER, 2018, official journal of the International Association for Hydrogen Energy, New York, NY [u.a.] |
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Übergeordnetes Werk: |
volume:47 ; year:2022 ; number:32 ; day:15 ; month:04 ; pages:14393-14403 ; extent:11 |
Links: |
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DOI / URN: |
10.1016/j.ijhydene.2022.02.214 |
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ELV057384843 |
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520 | |a The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. | ||
520 | |a The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. | ||
650 | 7 | |a Dichotomous choice |2 Elsevier | |
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10.1016/j.ijhydene.2022.02.214 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001734.pica (DE-627)ELV057384843 (ELSEVIER)S0360-3199(22)00881-3 DE-627 ger DE-627 rakwb eng 610 VZ 44.94 bkl Park, Changeun verfasserin aut Economic valuation of green hydrogen charging compared to gray hydrogen charging: The case of South Korea 2022transfer abstract 11 nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. Dichotomous choice Elsevier Renewable energy Elsevier Green hydrogen Elsevier Willingness to pay Elsevier Contingent valuation Elsevier Koo, Minjin oth Woo, JongRoul oth Hong, Bum Il oth Shin, Jungwoo oth Enthalten in Elsevier Dedhia, Kavita ELSEVIER External auditory canal: Inferior, posterior-inferior, and anterior canal wall overhangs 2018 official journal of the International Association for Hydrogen Energy New York, NY [u.a.] (DE-627)ELV000127019 volume:47 year:2022 number:32 day:15 month:04 pages:14393-14403 extent:11 https://doi.org/10.1016/j.ijhydene.2022.02.214 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 44.94 Hals-Nasen-Ohrenheilkunde VZ AR 47 2022 32 15 0415 14393-14403 11 |
spelling |
10.1016/j.ijhydene.2022.02.214 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001734.pica (DE-627)ELV057384843 (ELSEVIER)S0360-3199(22)00881-3 DE-627 ger DE-627 rakwb eng 610 VZ 44.94 bkl Park, Changeun verfasserin aut Economic valuation of green hydrogen charging compared to gray hydrogen charging: The case of South Korea 2022transfer abstract 11 nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. Dichotomous choice Elsevier Renewable energy Elsevier Green hydrogen Elsevier Willingness to pay Elsevier Contingent valuation Elsevier Koo, Minjin oth Woo, JongRoul oth Hong, Bum Il oth Shin, Jungwoo oth Enthalten in Elsevier Dedhia, Kavita ELSEVIER External auditory canal: Inferior, posterior-inferior, and anterior canal wall overhangs 2018 official journal of the International Association for Hydrogen Energy New York, NY [u.a.] (DE-627)ELV000127019 volume:47 year:2022 number:32 day:15 month:04 pages:14393-14403 extent:11 https://doi.org/10.1016/j.ijhydene.2022.02.214 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 44.94 Hals-Nasen-Ohrenheilkunde VZ AR 47 2022 32 15 0415 14393-14403 11 |
allfields_unstemmed |
10.1016/j.ijhydene.2022.02.214 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001734.pica (DE-627)ELV057384843 (ELSEVIER)S0360-3199(22)00881-3 DE-627 ger DE-627 rakwb eng 610 VZ 44.94 bkl Park, Changeun verfasserin aut Economic valuation of green hydrogen charging compared to gray hydrogen charging: The case of South Korea 2022transfer abstract 11 nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. Dichotomous choice Elsevier Renewable energy Elsevier Green hydrogen Elsevier Willingness to pay Elsevier Contingent valuation Elsevier Koo, Minjin oth Woo, JongRoul oth Hong, Bum Il oth Shin, Jungwoo oth Enthalten in Elsevier Dedhia, Kavita ELSEVIER External auditory canal: Inferior, posterior-inferior, and anterior canal wall overhangs 2018 official journal of the International Association for Hydrogen Energy New York, NY [u.a.] (DE-627)ELV000127019 volume:47 year:2022 number:32 day:15 month:04 pages:14393-14403 extent:11 https://doi.org/10.1016/j.ijhydene.2022.02.214 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 44.94 Hals-Nasen-Ohrenheilkunde VZ AR 47 2022 32 15 0415 14393-14403 11 |
allfieldsGer |
10.1016/j.ijhydene.2022.02.214 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001734.pica (DE-627)ELV057384843 (ELSEVIER)S0360-3199(22)00881-3 DE-627 ger DE-627 rakwb eng 610 VZ 44.94 bkl Park, Changeun verfasserin aut Economic valuation of green hydrogen charging compared to gray hydrogen charging: The case of South Korea 2022transfer abstract 11 nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. Dichotomous choice Elsevier Renewable energy Elsevier Green hydrogen Elsevier Willingness to pay Elsevier Contingent valuation Elsevier Koo, Minjin oth Woo, JongRoul oth Hong, Bum Il oth Shin, Jungwoo oth Enthalten in Elsevier Dedhia, Kavita ELSEVIER External auditory canal: Inferior, posterior-inferior, and anterior canal wall overhangs 2018 official journal of the International Association for Hydrogen Energy New York, NY [u.a.] (DE-627)ELV000127019 volume:47 year:2022 number:32 day:15 month:04 pages:14393-14403 extent:11 https://doi.org/10.1016/j.ijhydene.2022.02.214 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 44.94 Hals-Nasen-Ohrenheilkunde VZ AR 47 2022 32 15 0415 14393-14403 11 |
allfieldsSound |
10.1016/j.ijhydene.2022.02.214 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001734.pica (DE-627)ELV057384843 (ELSEVIER)S0360-3199(22)00881-3 DE-627 ger DE-627 rakwb eng 610 VZ 44.94 bkl Park, Changeun verfasserin aut Economic valuation of green hydrogen charging compared to gray hydrogen charging: The case of South Korea 2022transfer abstract 11 nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. Dichotomous choice Elsevier Renewable energy Elsevier Green hydrogen Elsevier Willingness to pay Elsevier Contingent valuation Elsevier Koo, Minjin oth Woo, JongRoul oth Hong, Bum Il oth Shin, Jungwoo oth Enthalten in Elsevier Dedhia, Kavita ELSEVIER External auditory canal: Inferior, posterior-inferior, and anterior canal wall overhangs 2018 official journal of the International Association for Hydrogen Energy New York, NY [u.a.] (DE-627)ELV000127019 volume:47 year:2022 number:32 day:15 month:04 pages:14393-14403 extent:11 https://doi.org/10.1016/j.ijhydene.2022.02.214 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 44.94 Hals-Nasen-Ohrenheilkunde VZ AR 47 2022 32 15 0415 14393-14403 11 |
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Enthalten in External auditory canal: Inferior, posterior-inferior, and anterior canal wall overhangs New York, NY [u.a.] volume:47 year:2022 number:32 day:15 month:04 pages:14393-14403 extent:11 |
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Economic valuation of green hydrogen charging compared to gray hydrogen charging: The case of South Korea |
abstract |
The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. |
abstractGer |
The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. |
abstract_unstemmed |
The South Korean government promotes hydrogen-powered vehicles to reduce greenhouse gas (GHG) emissions but these vehicles use gray hydrogen while charging, which causes GHG emissions. Therefore, converting this fuel into green hydrogen is necessary to help reduce GHG emissions, which will incur investment costs of approximately USD 20 billion over a decade. In this study, a contingent valuation method is applied in an analysis to examine the extent to which consumers are willing to pay for green hydrogen charging compared to gray hydrogen charging. The results indicate that the monthly mean of willingness to pay per driver is 51,674 KRW (USD 45.85), equivalent to 4302 KRW per kg (USD 3.82). Additionally, consumers accept a 28.5% increase in the monthly average fuel expenses when converting to green hydrogen. These findings can be used in the development of pricing and energy use plans to finance the expansion of green hydrogen infrastructure. |
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