This study analyzes the impact of the introduction of hydrogen as fuel in the road transportation sector of Korea. Since this sector is completely dependent on petroleum and alternative technologies such as fuel cell vehicles, hydrogen is one alternative fuel that could meet the challenges that Korea is facing due to rising oil prices. This study uses a scenarios-based energy economic model including the hydrogen path way as a subenergy system to explore the energy system of Korea through 2044. This study also constructs six scenarios consisting of three government policies concerning carbon dioxide reduction and two oil price scenarios in order to assess the impact on hydrogen as fuel in the road transportation sector. The results of this study show that in a particular case (high Btu tax and oil prices) the share of hydrogen would reach 76% of the road transportation sector, and hydrogen would be produced mainly from renewable and nuclear resources via electrolysis facilities. It is also revealed that hydrogen is effective at reducing carbon dioxide, improving energy efficiency and contributing to the energy security of Korea.
Bibliographical noteFunding Information:
This work was supported by the Ministry of Education (MOE) of Korea by its BK21 Program.
All Science Journal Classification (ASJC) codes
- Renewable Energy, Sustainability and the Environment
- Fuel Technology
- Condensed Matter Physics
- Energy Engineering and Power Technology