USEA CONSENSUS Webinar: Hydrogen Market Module Component Design Report
The use of hydrogen as an energy carrier is expected to substantially contribute to the achievement of deep decarbonization goals. However, introducing a significant role for hydrogen in the energy supply requires comprehensive changes across many sectors of the economy. An extensive infrastructure will need to be developed involving its production, transportation, storage, and utilization. Policies and incentives may be needed to overcome the significant market barriers that exist to the widespread adoption of hydrogen.
The National Energy Modeling System (NEMS) is the main energy markets projection and evaluation model from the U.S. Energy Information Administration (EIA). While NEMS contains complex endogenous representations of many components of the U.S. energy market participants, its representation of hydrogen infrastructure is limited. The Office of Carbon Management (OCM) of the Office of Fossil Energy and Carbon Management (FECM), and the Hydrogen and Fuel Cell Technologies Office (HFTO) of the Office of Energy Efficiency and Renewable Energy (EERE) have partnered with the U.S. Energy Information Administration (EIA) and OnLocation in developing a Component Design Report (CDR) which outlines a coordinated approach to modeling various aspects of Hydrogen Infrastructure in the United States.
This webinar will cover the approach, outline, and potential implementation of such a Hydrogen Market Module (HMM), and discuss various aspects of modeling such a complex system.
Featuring an introduction by USEA Acting Executive Director, Sheila Hollis