Article ID: | iaor20091278 |
Country: | Netherlands |
Volume: | 5 |
Issue: | 3 |
Start Page Number: | 207 |
End Page Number: | 231 |
Publication Date: | May 2008 |
Journal: | Computational Management Science |
Authors: | Barreto Leonardo, Kypreos Socrates, Krzyzanowski Daniel A. |
Keywords: | world affairs |
Steadily growing prices of oil and emissions coming from conventional vehicles, might force a switch to an alternative and less polluting fuel in the coming future. In this article we analyze the potential influence of selected factors for successful market penetration of hydrogen fuel cell vehicles in hydrogen based private transportation economy. Using a world scale, full energy system, bottom-up, optimization model (Global MARKAL Model – GMM) we address the possibility of supporting the fuel cell vehicle technology to become competitive in the markets. In a series of optimizations we evaluate the potential influence of governmental supports and the internalization of externalities related to CO