Climate Action Policy
Evidence-based energy and climate policies have never been more important.
Our research aims to enable an energy transition to a low-carbon economy.
We are developing advanced models and sophisticated decision-making tools for clean technology deployment.
We have developed advanced models to quantify cost and emissions reductions for hydrogen deployment under varying policies.
A step towards reliable models and decision-making tools.
You can submit combinations of policies and conditions to explore the impacts in British Columbia.
For the future of hydrogen supply chain in BC, three projections of possible future demand are considered: pessimistic (low demand), optimistic (high demand), and moderate (medium demand). For more details regarding the demand profiles click on the help icon ("?") of the input panel, then click on the Demand Projections tab.
Demand in 2050
59 Tonnes H₂ per Day
104 Tonnes H₂ per Day
227 tonnes H₂ per Day
No environmental policy support is included in the objective function of the model.
The BC-LCFS (British Columbia low-carbon fuel standard) is both a regulatory and a market-based policy to reduce the transportation fuel carbon intensity. It was assumed that the credit price starts at the average price from 2015 to 2017 (C$167) and decreases over time until it reaches 0 in 2050. It was assumed that the increasing rate of adoption of low-emission technologies increases the number of credits in the market, which decreases the credit price accordingly.
Carbon Tax Policy
The B.C. carbon tax, covers greenhouse gas emissions resulting from the combustion of all fossil fuels used within the province. It was assumed that the carbon tax will increase annually until 2050 with a value equal to the estimated social cost of carbon, as recommended by the Canada Treasury Board Secretariat’s Analysis Guide (from C$45/tonne CO2 to C$76/tonne CO2 in 2050).
LCFS + Carbon Tax Policy
BC-LCFS and the carbon tax were explicitly included in the objective function of the model. A combination of both policies provide the best combination of cost and emissions reduction.
Hydrogen Map BC displays the cost-optimal network of hydrogen production facilities, transportation, and fueling stations in British Columbia. The infrastructure deployment can be tracked from 2020 to 2050, under three demand scenarios and different policy settings.
Copyright © 2021 MéridaLabs