The replacement of fossil fuels with alternative energy sources, particularly in industry, with the aim of significantly reducing emissions of climate-damaging carbon dioxide, is becoming more and more relevant in public debate. Particular importance is attached to the chemical raw material hydrogen and its role as an input factor.

When assessing potential economic impacts based on the expansion of electrolysis capacities, the primary consideration is that there is a high probability that the future price of hydrogen will be higher than the price of fossil resources. Using HWWI’s own CGE model, it was investigated how large a drop in the price of hydrogen resulting from the supply shocks would be. The focus of the simulation is on northern Germany.