The role of hydrogen energy: Strengths, weaknesses, opportunities, and threats (2nd version)

Jingzheng Ren, Suzhao Gao, Hanwei Liang, Shiyu Tan, Lichun Dong

Research output: Chapter in book / Conference proceedingChapter in an edited book (as author)Academic researchpeer-review

5 Citations (Scopus)

Abstract

This chapter aims at summarizing and analyzing the internal and external factors affecting hydrogen economy in China and proposes a series of strengthening strategies by using PESTEL analysis and a strengths-weaknesses-opportunities-threats (SWOT) analytical framework, and then, the effectiveness of the strategies for promoting hydrogen economy in China is evaluated based on multicriteria decision analysis. To do that, 12 factors, including strengths, weaknesses, opportunities, and threats, are identified, and nine strategies are proposed. After that, three multicriteria decision-making methods, namely, fuzzy simple additive weighting, fuzzy weighted geometric means, and fuzzy goal programming, are used to prioritize these strategies, which can help decision makers and stakeholders to make appropriate policies and decisions in the forthcoming hydrogen age. The proposed methods and framework can also be applied to investigate hydrogen economy in other countries and areas.

Original languageEnglish
Title of host publicationHydrogen Economy
Subtitle of host publicationProcesses, Supply Chain, Life Cycle Analysis and Energy Transition for Sustainability
PublisherElsevier
Pages3-43
Number of pages41
EditionSecond
ISBN (Electronic)9780323995146
ISBN (Print)9780323995436
DOIs
Publication statusPublished - 1 Jan 2023

Keywords

  • Hydrogen economy
  • Multicriteria decision making
  • PESTEL
  • Strategy prioritization
  • SWOT analysis

ASJC Scopus subject areas

  • General Energy

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