Influence of CO2 taxation and hydrogen utilization on the cost-optimal development of the German power system by 2050

The aim of this study is to determine the viability of emission regulations and various generation technologies in the German electricity supply system for the year 2050. The European carbon trading scheme, which attempted to cap emissions at a specific limit, is argued by many to be an insufficient measure; opening the discussion for a taxation of CO2 by each emitter instead. In parallel, the possible role of hydrogen–both produced and imported–in the future electricity supply by their combustion in the combined cycle gas turbines (CCGT) plants will be investigated. In the course of the study, the cost-optimal way to reduce CO2 emissions by up to 95% (compared to 1990) is examined, assuming various projections for electricity demand of 2050.     «

The aim of this study is to determine the viability of emission regulations and various generation technologies in the German electricity supply system for the year 2050. The European carbon trading scheme, which attempted to cap emissions at a specific limit, is argued by many to be an insufficient measure; opening the discussion for a taxation of CO2 by each emitter instead. In parallel, the possible role of hydrogen–both produced and imported–in the future electricity supply by their combust...     »