Energies, Vol. 19, Pages 1455: Research on the Coordinated Optimisation of Green Asset-Backed Note Financing and Hydrogen Energy Storage Market Transactions Based on Stackelberg Games

Energies, Vol. 19, Pages 1455: Research on the Coordinated Optimisation of Green Asset-Backed Note Financing and Hydrogen Energy Storage Market Transactions Based on Stackelberg Games

Energies doi: 10.3390/en19061455

Authors:
Jian Liang
Zhongqun Wu

Hydrogen energy storage serves as a pivotal technology for integrating high proportions of renewable energy, yet its development faces constraints due to substantial investment requirements and imperfect market mechanisms. Green Asset-Backed Notes (ABNs) offer potential to alleviate financing constraints; however, their synergistic effects with hydrogen storage market strategies remain unexplored. This paper constructs a two-layer Stackelberg game model integrating ABN financing with day-ahead trading. Multi-scenario analysis reveals that ABN financing costs significantly influence the operational economics of energy storage: low-cost financing enhances hydrogen storage’s price responsiveness and arbitrage capabilities, whereas high costs suppress its market participation. The research provides quantitative evidence for leveraging financial instruments to enhance hydrogen storage competitiveness.