jailcd2020098: Economic Analysis of Fuel Cell and Hydrogen Production from Renewable Energy Based on Carbon Tax

Abstract

The development of hydrogen energy is one of the important ways to solve the current energy shortage and environmental pollution, but at present, the development of hydrogen energy system is relatively slow, mainly due to high equipment investment and imperfect supporting system. In this paper, according to the characteristics of no carbon dioxide emission when hydrogen energy system is used, the strategic planning and price prediction of hydrogen energy system and carbon tax in Japan and the United States are sorted out. According to the two stages of hydrogen energy development, the research is divided into two parts. One is to study the economic comparison between fuel cell system and conventional energy consumption system with the change of carbon tax. The other is to study the economic comparison between hydrogen production from renewable energy and conventional energy storage system with the change of carbon tax. In order to explore the economic advantages and development potential of hydrogen energy system in the future environment with the improvement of carbon emission limit.