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Econometric models for biohydrogen development |
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| Authors: | Lee Duu-Hwa Lee Duu-Jong Veziroglu Ayfer |
| Affiliation: | a Institute of Applied Economics, National Taiwan Ocean University, Keelung 202, Taiwan b Department of Chemical Engineering, National Taiwan University of Science and Technology, Taipei 106, Taiwan c Department of Environmental Science and Engineering, Fudan University, Shanghai, China d International Association for Hydrogen Energy, 5794 SW 40 St. #303, Miami, FL 33155, USA |
| Abstract: | Biohydrogen is considered as an attractive clean energy source due to its high energy content and environmental-friendly conversion. Analyzing various economic scenarios can help decision makers to optimize development strategies for the biohydrogen sector. This study surveys econometric models of biohydrogen development, including input-out models, life-cycle assessment approach, computable general equilibrium models, linear programming models and impact pathway approach. Fundamentals of each model were briefly reviewed to highlight their advantages and disadvantages. The input-output model and the simplified economic input-output life-cycle assessment model proved most suitable for economic analysis of biohydrogen energy development. A sample analysis using input-output model for forecasting biohydrogen development in the United States is given. |
| Keywords: | Biohydrogen Linear programming model Input-output model Computational general equilibrium models |
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