Table 1

Data and assumptions underpinning the numerical simulations

VariableMeaningValueUoMReferences
ehHydrogen emissions per unit of energy 0.03tCO2/MWh(The Green Hydrogen Organisation, 2022)
efFossil fuels emissions per unit of energy 0.2tCO2/MWh(SIReNa, 2023)
pfPrice of fossil fuels[30,200]€/MWh(ICE, 2023)
αhHydrogen efficiency[0.45, 0.65]# 
αfFossil fuels efficiency 0.5# 
pYPrice of unit of output (average)[500; 1,000]€/tsteel(Eurometal, 2023)
pCO2Price of emission allowance[65; 200]€/tCO2(Ember, 2023)
EEmission threshold[20%; 80%]tCO2/tsteel(Eurofer, 2022)

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