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Hydrogen Micro-Systems: Households’ Preferences and Economic Futility

Abstract

This study examines the potential market for residential hydrogen systems in light of the trends towards digitalisation and environmental awareness. Based on a survey of 350 participants, the results indicate that although energy experts are sceptical about the benefits of residential hydrogen systems due to their high costs, households are highly interested in this technology. The sample shows a willingness to invest in hydrogen applications, with some households willing to pay an average of 24% more. An economic assessment compared the cost of a residential hydrogen system with conventional domestic energy systems, revealing significant additional costs for potential buyers interested in hydrogen applications.

Related subjects: Policy & Socio-Economics
Countries: Germany
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/content/journal5660
2024-03-22
2024-06-22
/content/journal5660
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