Analysis of the trends in the hydrogen market

Bc. Rashad Ahmadov

Master's thesis

Abstract:

The aim of the work is to evaluate the perspectives of the use of hydrogen as an energy source. The task of the work is also to compare the price of energy provided by hydrogen and the price of energy from other sources. A comparison of the advantages and disadvantages of using hydrogen as an energy source are made. The practical part includes an analysis of the energy market, the development of individual energy sources and the issue of emissions. The analysis clearly shows the trends of decarbonisation and the transition to the alternative energy sources. Hydrogen can be considered as an energy source and fuel of the future, but today it meets many barriers of the development. The calculation of the prices of hydrogen as an energy source (per 1 kWh) and as a fuel (per 1 km of the vehicle run) shows, that so far, the use of hydrogen is in most cases more expensive than the use of other energy sources. However, the rising price of electricity for householders in the Czech Republic, opportunity to reduce the risk of dependence on hydrocarbons, support from state policies and development of technologies are the factors, that help to develop the hydrogen usage.

Keywords

hydrogen, alternative energy, energy resources

Language used: English

Date on which the thesis was submitted / produced: 26. 3. 2022

Thesis defence

• Supervisor: Ing. Karel Malec, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management