Deliverable 7.1 Innovative large-scale energy storage technologies and power-to-gas concepts after optimization
To complement the techno-economic evaluation of the Power-to-gas (PtG) technology (private perspective) a broader assessment looking at all the possible impacts on society is also required (social perspective). The assessment of these external effects could lead to a net positive benefit for society that would justify further public funding and support of the technology. For this task, the Social Cost-Benefit Analysis (SCBA) has been chosen given that it takes all possible changes in society welfare into account. This Deliverablefocuses on the environmental component of SCBA and constitutes the link between environmental impact and the monetary valuation needed to weightwith other variables in the SCBA.