Growth of the hydrogen market has motivated increased study of hydrogen production.
Correspondingly, the exchanged energy can be traded in three marketplaces, i.e. electricity spot market, heat market and hydrogen market.
Secondly, hydrogen market segmentation is studied by clustering involved agents in: lay people ('demand'), automobile salesmen ('supply') and experts.
Hydrogen market development in several energy production units such as fuel cells is another motivation to realize these kinds of activities.
This economic unviability is easily broken when the hydrogen can be traded on a regular basis, assuming there exits both a hydrogen market with high liquidity and a hydrogen infrastructure allowing for hydrogen storage and transportation.
The key to the success of the hydrogen industry, Serfass believes, is directly linked to the many benefits associated with the development of a vibrant hydrogen market; these include establishing national energy security, reducing harmful emissions, and promoting economic development.
In future mature hydrogen FCEV markets, with a large demand for hydrogen, the refueling station's levelized cost can be reduced to $2/kg H2 as a result of improved capacity utilization and reduced equipment cost via learning and economies of scale.
A theoretical relationship between market sector valuations and investment activity is developed and the model is subsequently applied to the Scottish hydrogen energy market.
ITM has also announced its entry into the US hydrogen fueling market.
