The Impact of Economic, Energy, and Environmental Factors on the Development of the Hydrogen Economy
This article attempts to model interdependencies between socio-economic, energy, and environmental factors with selected data characterizing the development of the hydrogen economy. The study applies Spearman’s correlation and a linear regression model to estimate the influence of gross domestic pro...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2021-08-01
|
Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/14/16/4811 |
_version_ | 1797524039231602688 |
---|---|
author | Justyna Cader Renata Koneczna Piotr Olczak |
author_facet | Justyna Cader Renata Koneczna Piotr Olczak |
author_sort | Justyna Cader |
collection | DOAJ |
description | This article attempts to model interdependencies between socio-economic, energy, and environmental factors with selected data characterizing the development of the hydrogen economy. The study applies Spearman’s correlation and a linear regression model to estimate the influence of gross domestic product, population, final energy consumption, renewable energy, and CO<sub>2</sub> emission on chosen hydrogen indicators—production, patents, energy technology research, development, and demonstration budgets. The study was conducted in nine countries selected for their actions towards a hydrogen economy based on analyses of national strategies, policies, research and development programs, and roadmaps. The results confirm the statistically significant impact of the chosen indicators, which are the drivers for the development of the hydrogen economy from 2008 to 2018. Moreover, the empirical results show that different characteristics in each country contribute to the development of the hydrogen economy vision. |
first_indexed | 2024-03-10T08:51:38Z |
format | Article |
id | doaj.art-67023304123a42b58bf1c23e9f9c5a3c |
institution | Directory Open Access Journal |
issn | 1996-1073 |
language | English |
last_indexed | 2024-03-10T08:51:38Z |
publishDate | 2021-08-01 |
publisher | MDPI AG |
record_format | Article |
series | Energies |
spelling | doaj.art-67023304123a42b58bf1c23e9f9c5a3c2023-11-22T07:27:44ZengMDPI AGEnergies1996-10732021-08-011416481110.3390/en14164811The Impact of Economic, Energy, and Environmental Factors on the Development of the Hydrogen EconomyJustyna Cader0Renata Koneczna1Piotr Olczak2Mineral and Energy Economy Research Institute, Polish Academy of Sciences, 31-261 Cracow, PolandMineral and Energy Economy Research Institute, Polish Academy of Sciences, 31-261 Cracow, PolandMineral and Energy Economy Research Institute, Polish Academy of Sciences, 31-261 Cracow, PolandThis article attempts to model interdependencies between socio-economic, energy, and environmental factors with selected data characterizing the development of the hydrogen economy. The study applies Spearman’s correlation and a linear regression model to estimate the influence of gross domestic product, population, final energy consumption, renewable energy, and CO<sub>2</sub> emission on chosen hydrogen indicators—production, patents, energy technology research, development, and demonstration budgets. The study was conducted in nine countries selected for their actions towards a hydrogen economy based on analyses of national strategies, policies, research and development programs, and roadmaps. The results confirm the statistically significant impact of the chosen indicators, which are the drivers for the development of the hydrogen economy from 2008 to 2018. Moreover, the empirical results show that different characteristics in each country contribute to the development of the hydrogen economy vision.https://www.mdpi.com/1996-1073/14/16/4811linear regression modelSpearman’s correlationnational hydrogen strategieshydrogen economy implementation |
spellingShingle | Justyna Cader Renata Koneczna Piotr Olczak The Impact of Economic, Energy, and Environmental Factors on the Development of the Hydrogen Economy Energies linear regression model Spearman’s correlation national hydrogen strategies hydrogen economy implementation |
title | The Impact of Economic, Energy, and Environmental Factors on the Development of the Hydrogen Economy |
title_full | The Impact of Economic, Energy, and Environmental Factors on the Development of the Hydrogen Economy |
title_fullStr | The Impact of Economic, Energy, and Environmental Factors on the Development of the Hydrogen Economy |
title_full_unstemmed | The Impact of Economic, Energy, and Environmental Factors on the Development of the Hydrogen Economy |
title_short | The Impact of Economic, Energy, and Environmental Factors on the Development of the Hydrogen Economy |
title_sort | impact of economic energy and environmental factors on the development of the hydrogen economy |
topic | linear regression model Spearman’s correlation national hydrogen strategies hydrogen economy implementation |
url | https://www.mdpi.com/1996-1073/14/16/4811 |
work_keys_str_mv | AT justynacader theimpactofeconomicenergyandenvironmentalfactorsonthedevelopmentofthehydrogeneconomy AT renatakoneczna theimpactofeconomicenergyandenvironmentalfactorsonthedevelopmentofthehydrogeneconomy AT piotrolczak theimpactofeconomicenergyandenvironmentalfactorsonthedevelopmentofthehydrogeneconomy AT justynacader impactofeconomicenergyandenvironmentalfactorsonthedevelopmentofthehydrogeneconomy AT renatakoneczna impactofeconomicenergyandenvironmentalfactorsonthedevelopmentofthehydrogeneconomy AT piotrolczak impactofeconomicenergyandenvironmentalfactorsonthedevelopmentofthehydrogeneconomy |