Australia
Towards Energy Freedom: Exploring Sustainable Solutions for Energy Independence and Self-sufficiency using Integrated Renewable Energy-driven Hydrogen System
Jan 2024
Publication
n the pursuit of sustainable energy solutions the integration of renewable energy sources and hydrogen technologies has emerged as a promising avenue. This paper introduces the Integrated Renewable Energy-Driven Hydrogen System as a holistic approach to achieve energy independence and self-sufficiency. Seamlessly integrating renewable energy sources hydrogen production storage and utilization this system enables diverse applications across various sectors. By harnessing solar and/or wind energy the Integrated Renewable EnergyDriven Hydrogen System optimizes energy generation distribution and storage. Employing a systematic methodology the paper thoroughly examines the advantages of this integrated system over other alternatives emphasizing its zero greenhouse gas emissions versatility energy resilience and potential for large-scale hydrogen production. Thus the proposed system sets our study apart offering a distinct and efficient alternative compared to conventional approaches. Recent advancements and challenges in hydrogen energy are also discussed highlighting increasing public awareness and technological progress. Findings reveal a payback period ranging from 2.8 to 6.7 years depending on the renewable energy configuration emphasizing the economic attractiveness and potential return on investment. This research significantly contributes to the ongoing discourse on renewable energy integration and underscores the viability of the Integrated Renewable EnergyDriven Hydrogen System as a transformative solution for achieving energy independence. The employed model is innovative and transferable to other contexts.
Dual Fuel-based Multi-Energy System for Australian Renewable Energy Zones at Country Scale
Jul 2025
Publication
This paper aims to optimize dual-fuel facilitated off-/on-grid multi-energy systems (MESs) for different renewable energy zones (REZs) in Australia. The main objective is to develop a novel MES with the main feature of green hydrogen production and blended natural gas utilization for remote households. The proposed optimal system produces green hydrogen of 5343 kg/yr via proton exchange membrane (PEM) electrolyzer and blends it with natural gas. It involves 20 % hydrogen and 80 % natural gas in the overall volume of the blending process. This study contributes by performing optimal sizing of the components economic-energy-environmental and performance analyses to examine the most feasible solution for each REZ. The results indicate that the optimal system in North Queensland REZ has the lowest levelized cost of energy (LCE) of 1.28 A$/kWh and 0.1003 A $/kWh and the net present cost (NPC) of A$0.311 million and A$0.219 million for off-grid and on-grid configurations. The optimal on-grid system has 95.27 % less carbon emissions than the natural gas-fueled combustion energy system.
Recent Progress and Techno-economic Analysis of Liquid Organic Hydrogen Carriers for Australian Renewable Energy Export - A Critical Review
Jan 2024
Publication
Hydrogen as a primary carbon-free energy carrier is confronted by challenges in storage and transportation. However liquid organic hydrogen carriers (LOHCs) present a promising solution for storing and transporting hydrogen at ambient temperature and atmospheric pressure. Unlike circular energy carriers such as methanol ammonia and synthetic natural gas LOHCs do not produce by-products during hydrogen recovery. LOHCs only act as hydrogen carriers and the carriers can also be recycled for reuse. Although there are considerable advantages to LOHCs there are also some drawbacks especially relative to the energy consumption during the dehydrogenation step of the LOHC recycling. This review summarizes the recent progresses in LOHC technologies focusing on catalyst developments process and reactor designs applications and techno-economic assessments (TEA). LOHC technologies can potentially offer significant benefits to Australia especially in terms of hydrogen as an export commodity. LOHCs can help avoid capital costs associated with infrastructure such as transportation vessels while reducing hydrogen loss during transportation such as in the case of liquid hydrogen (LH2). Additionally it minimises CO2 emissions as observed in methane and methanol reforming. Thus it is essential to dedicate more efforts to explore and develop LOHC technologies in the Australian context.
Upcycling of Plastic Wastes for Hydrogen Production: Advances and Perspectives
Feb 2024
Publication
The abundant plastic wastes become an imperative global issue and how to handle these organic wastes gains growing scientific and industrial interest. Recently converting plastic wastes into hydrogen fuel has been investigated and the “waste-to-value” practice accelerates the circular economy. To accelerate the development of plastic-to-hydrogen conversion in this review recent advances in plastic-to-hydrogen conversion via thermochemical photocatalytic and electrocatalytic routes are analyzed. All of the thermo- photo- and electrochemical processes can transform different plastic wastes into hydrogen and the hydrogen production efficiency depends heavily on the selected techniques operating parameters and applied catalysts. The application of rational-designed catalysts can promote the selective production of hydrogen from plastic feedstocks. Further studies on process optimization cost-effective catalyst design and mechanism investigation are needed.
A Review of Port Decarbonisation Options: Identified Opportunities for Deploying Hydrogen Technologies
Apr 2024
Publication
The utilisation of hydrogen is being explored as a viable solution for reducing carbon emissions in port operations with potential applications in cargo handling transportation and shipping vessel operations. To comprehensively list the decarbonisation options in ports this study conducted a Systematic Literature Review to identify and then survey twelve highly cited review papers. Initially a typology approach was used to categorise the decarbonisation options by activities and technologies. Subsequently the study introduced a novel Port Energy Map to reveal the energy system pathways and their interconnections. Each pathway was then converted into a simpler linear sequence of activities shown as a Port Energy System Taxonomy which outlines the energy supply and energy-using activities. By utilising this taxonomy and map the study identified opportunities and research gaps for integrating hydrogen technologies into port energy systems which serves as a valuable tool for assessing port decarbonisation options.
Work Efficiency and Economic Efficiency of Actual Driving Test of Proton Exchange Membrane Fuel Cell Forklift
Aug 2023
Publication
A 3.5 tonne forklift containing proton exchange membrane fuel cells (PEMFCs) and lithium-ion batteries was manufactured and tested in a real factory. The work efficiency and economic applicability of the PEMFC forklift were compared with that of a lithium-ion battery-powered forklift. The results showed that the back-pressure of air was closely related to the power density of the stack whose stability could be improved by a reasonable control strategy and membrane electrode assemblies (MEAs) with high consistency. The PEMFC powered forklift displayed 40.6% higher work efficiency than the lithium-ion battery-powered forklift. Its lower use-cost compared to internal engine-powered forklifts is beneficial to the commercialization of this product.
Underground Hydrogen Storage: Integrated Surface Facilities and Fluid Flow Modelling for Depleted Gas Reservoirs
Aug 2023
Publication
We report a new techno-economic model to assess performance and capital costs for large-scale underground hydrogen storage in depleted gas reservoirs. A simulation toolbox is developed to model surface facilities and to simulate the hydrogen flow in geological formations in an integrated fashion.<br/>Integrated modelling revealed the following key insights: 1) A buffer system is highly desirable to absorb inherent variability in upstream hydrogen production; 2) hydrogen mixing with existing gases in the reservoir together with gravity segregation and diffusion results in a decline in hydrogen purity at the wellhead over time and can require increased purification; 3) the capital cost is dominated by the cost of cushion gas (hydrogen) and the compression system where about 9% of the total energy content of the hydrogen is consumed for compression. The scenarios modelled in our study result in a levelized cost of storage in Australia ranging from 2.3 to 4.29 A$/(kg).
Synergistic Integration of Hydrogen Energy Economy with UK’s Sustainable Development Goals: A Holistic Approach to Enhancing Safety and Risk Mitigation
Oct 2023
Publication
Hydrogen is gaining prominence as a sustainable energy source in the UK aligning with the country’s commitment to advancing sustainable development across diverse sectors. However a rigorous examination of the interplay between the hydrogen economy and the Sustainable Development Goals (SDGs) is imperative. This study addresses this imperative by comprehensively assessing the risks associated with hydrogen production storage transportation and utilization. The overarching aim is to establish a robust framework that ensures the secure deployment and operation of hydrogen-based technologies within the UK’s sustainable development trajectory. Considering the unique characteristics of the UK’s energy landscape infrastructure and policy framework this paper presents practical and viable recommendations to facilitate the safe and effective integration of hydrogen energy into the UK’s SDGs. To facilitate sophisticated decision making it proposes using an advanced Decision-Making Trial and Evaluation Laboratory (DEMATEL) tool incorporating regret theory and a 2-tuple spherical linguistic environment. This tool enables a nuanced decision-making process yielding actionable insights. The analysis reveals that Incident Reporting and Learning Robust Regulatory Framework Safety Standards and Codes are pivotal safety factors. At the same time Clean Energy Access Climate Action and Industry Innovation and Infrastructure are identified as the most influential SDGs. This information provides valuable guidance for policymakers industry stakeholders and regulators. It empowers them to make well-informed strategic decisions and prioritize actions that bolster safety and sustainable development as the UK transitions towards a hydrogen-based energy system. Moreover the findings underscore the varying degrees of prominence among different SDGs. Notably SDG 13 (Climate Action) exhibits relatively lower overall distinction at 0.0066 and a Relation value of 0.0512 albeit with a substantial impact. In contrast SDG 7 (Clean Energy Access) and SDG 9 (Industry Innovation and Infrastructure) demonstrate moderate prominence levels (0.0559 and 0.0498 respectively) each with its unique influence emphasizing their critical roles in the UK’s pursuit of a sustainable hydrogen-based energy future.
Hydrogen-Powered Aircraft at Airports: A Review of the Infrastructure Requirements and Planning Challenges
Nov 2023
Publication
Hydrogen-fueled aircraft are a promising innovation for a sustainable future in aviation. While hydrogen aircraft design has been widely studied research on airport requirements for new infrastructure associated with hydrogen-fueled aircraft and its integration with existing facilities is scarce. This study analyzes the current body of knowledge and identifies the planning challenges which need to be overcome to enable the operation of hydrogen flights at airports. An investigation of the preparation of seven major international airports for hydrogen-powered flights finds that although there is commitment airports are not currently prepared for hydrogen-based flights. Major adjustments are required across airport sites covering land use plans airside development utility infrastructure development and safety security and training. Developments are also required across the wider aviation industry including equipment updates such as for refueling and ground support and supportive policy and regulations for hydrogen-powered aircraft. The next 5–10 years is identified from the review as a critical time period for airports given that the first commercial hydrogen-powered flight is likely to depart in 2026 and that the next generation of short-range hydrogen-powered aircraft is predicted to enter service between 2030 and 2035.
Exploring Hydrogen Storage Potentital in Depleted Western Australian Hydrocarbon Reservoirs: A Petrophysical and Petrographic Analysis
Oct 2023
Publication
Hydrogen recognised as a clean and sustainable energy carrier with excellent transportation fuel properties drives numerous countries towards a hydrogen-based economy due to its high utilisation efficiency and minimal environmental impact. However the gaseous nature of hydrogen necessitates larger storage surface areas. Underground Hydrogen Storage (UHS) has emerged as a promising and efficient method to overcome this challenge. Currently only a handful of UHS locations exist globally due to the novelty of this field. With its abundant depleted hydrocarbon reservoirs boasting significant storage capacity Western Australia presents a suitable region for hydrogen storage. This paper comprehensively analyses petrophysical and petrographic characteristics employing XRD MIP and Micro-CT techniques on sandstone and claystone samples obtained from several fields in Western Australia. The suitability of these samples for hydrogen storage is evaluated based on mineral composition and porosity. The analysis reveals that more than 96% of Quartz is present in the sandstone samples. The claystone samples exhibit a mineral composition comprising Quartz Calcite K-feldspar Kaolinite Pyrite Albite and Muscovite. The study suggests that hydrogen storage in formation rock is favourable due to the low reactivity of hydrogen with silicate minerals but interactions with cap rock minerals should be considered. Micro-CT results indicate the connected porosity in the 17.23–4.67% range. Pore distribution in sandstones ranges from nanometers to millimetres with a substantial proportion of connected pores in the intermediate range which is conducive to hydrogen storage. This is particularly advantageous as the hydrogen-water system is highly water-wet with hydrogen primarily occupying medium and larger pores minimising hydrogen trapping. In claystone most pores were below 3 nm but instrumental constraints limited their quantification. In conclusion the petrophysical and petrographic analysis underscores the potential of Western Australian depleted hydrocarbon reservoirs for hydrogen storage. Understanding the mineralogical reactions with cap rock minerals is crucial while the favourable pore distribution in sandstones further supports the viability of hydrogen storage.
Can the Hydrogen Economy Concept be the Solution to the Future Energy Crisis?
Feb 2022
Publication
The Hydrogen Economy concept is being proposed as a means of reducing and eventually decarbonising the world’s energy use. It looks to hydrogen as being a replacement for methane (natural gas) and generally as a way of removing all fossil fuels from the energy supply. The concept however has at least four flaws as follows: (1) hydrogen has significantly different properties to methane; (2) hydrogen has properties that create significant hazards; (3) hydrogen has a very small initiation (activation) energy; and (4) liquid hydrogen cannot readily replace liquefied natural gas (LNG). Hydrogen’s hazards will prevent it from being accepted in a societal sense. To the question ‘Can the Hydrogen Economy concept be the solution to the future energy crisis?’ the answer is ‘no’. Hydrogen has and will have a role in world energy but that role will be limited to industry. For the future we need an advanced electric economy.
A Review of Hydrogen Technologies and Engineering Solutions for Railway Vehicle Design and Operations
Oct 2021
Publication
Interest in hydrogen-powered rail vehicles has gradually increased worldwide over recent decades due to the global pressure on reduction in greenhouse gas emissions technology availability and multiple options of power supply. In the past research and development have been primarily focusing on light rail and regional trains but the interest in hydrogen-powered freight and heavy haul trains is also growing. The review shows that some technical feasibility has been demonstrated from the research and experiments on proof-of-concept designs. Several rail vehicles powered by hydrogen either are currently operating or are the subject of experimental programmes. The paper identifies that fuel cell technology is well developed and has obvious application in providing electrical traction power while hydrogen combustion in traditional IC engines and gas turbines is not yet well developed. The need for on-board energy storage is discussed along with the benefits of energy management and control systems.
Hydrogen Production from Low-temperature Geothermal Energy - A Review of Opportunities, Challenges, and Mitigating Solutions
Jun 2024
Publication
This study aims to provide a comprehensive review of the potential of geothermal energy for producing hydrogen with a focus on the Australian context where low-temperature geothermal reservoirs particularly hot sedimentary aquifers (HSAs) are prevalent. The work includes an overview of various geothermal technologies and hydrogen production routes and evaluates potential alternatives for hydrogen production in terms of energy and exergy efficiency economic performance and hydrogen production rate. Values for energy efficiency are reported in the literature to range from 3.51 to 47.04% 7.4–67.5% for exergy efficiency a cost ranging from 0.59 to 5.97 USD/kg of hydrogen produced and a hydrogen production rate ranging from 0.11 to 5857 kg/h. In addition the article suggests and evaluates multiple metrics to appraise the feasibility of HSAs geothermal reservoirs with results tailored to Australia but that can be extended to jurisdictions with similar conditions worldwide. Furthermore the performance of various hydrogen production systems is investigated by considering important operating conditions. Lastly the key factors and possible solutions associated with the hydrogeological and financial conditions that must be considered in developing hydrogen production using lowtemperature geothermal energy are summarised. This study shows that low-temperature HSAs (~100 ◦C) can still be used for hydrogen generation via supplying power to conventional electrolysis processes by implementing several improvements in heat source temperature and energy conversion efficiency of Organic Rankine Cycle (ORC) power plants. Geothermal production from depleted or even active oilfields can reduce the capital cost of a hydrogen production system by up to 50% due to the use of pre-existing wellbores under the right operating conditions. Thus the results of this study bring novel insights in terms of both the opportunities and the challenges in producing clean hydrogen from geothermal energy applicable not only to the hydro-geological and socio-economic conditions in Australia but also worldwide exploring the applicability of geothermal energy for clean hydrogen production with similar geothermal potential.
Energy and Exergy-economic Performance Comparison of Wind, Solar Pond, and Ocean Thermal Energy Conversion Systems for Green Hydrogen Production
Jun 2024
Publication
The necessity of energy solutions that are economically viable ecologically sustainable and environmentally friendly has become fundamental to economic and societal advancement of nations. In this context renewable energy sources emerge as the most vital component. Furthermore hydrogen generation systems based on renewable energies are increasingly recognized as the most crucial strategies to mitigate global warming. In the present study a comparative analysis is conducted from an exergy-economic perspective to find the most efficient configuration among three different systems for renewable-based power to hydrogen production. These renewable sources are wind turbine salinity gradient solar pond (SGSP) and ocean thermal energy conversion (OTEC). SGSP and OTEC are coupled with a hydrogen production unit by a trilateral cycle (TLC) to improve the temperature match of the heating process. The heat waste energy within these systems is recovered by a thermoelectric generator (TEG) and a proton exchange membrane electrolyzer (PEME) is used for hydrogen production. Under base case input conditions the net power input of PEME is estimated to be approximately 327.8 kW across all configurations. Additionally the 3E (energy exergy and exergy-economic) performance of the three systems is evaluated by a parametric study and design optimization. The results of the best performance analysis reveal that the best exergy efficiency is achievable with the wind-based system in the range of 5.8–10.47% and for average wind speed of 8–12 m/s. Correspondingly the most favorable total cost rate is attributed to the wind-based system at a wind speed of 8 m/s equating to 66.08 USD/h. Subsequently the unit cost of hydrogen for the SGSP-based system is estimated to be the most economical ranging from 42.78 to 44.31 USD/GJ.
Levelised Cost of Dynamic Green Hydrogen Production: A Case Study for Australia's Hydrogen Hubs
Jun 2024
Publication
This study evaluates the levelised cost of hydrogen (LCOH) dynamically produced using the two dominant electrolysis technologies directly connected to wind turbines or photovoltaic (PV) panels in regions of Australia designated as hydrogen hubs. Hourly data are utilised to size the components required to meet the hydrogen demand. The dynamic efficiency of each electrolysis technology as a function of input power along with its operating characteristics and overload capacity are employed to estimate flexible hydrogen production. A sensitivity analysis is then conducted to capture the behaviour of the LCOH in response to inherent uncertainty in critical financial and technical factors. Additionally the study investigates the trade-offs between carbon cost and lifecycle emissions of green hydrogen. This approach is applied to ascertain the impact of internalising environmental costs on the cost-competitiveness of green hydrogen compared to grey hydrogen. The economic modelling is developed based on the Association for the Advancement of Cost Engineering (AACE) guidelines. The findings indicate that scale-up is key to reducing the LCOH by a meaningful amount. However scale-up alone is insufficient to reach the target value of AUD 3 (USD 2) except for PV-based plant in the Pilbara region. Lowered financial costs from scale-up can make the target value achievable for PV-based plants in Gladstone and Townsville and for wind-based plants in the Eyre Peninsula and Pilbara regions. For other hubs a lower electricity cost is required as it accounts for the largest portion of the LCOH.
A Hydrogen Supply-chain Model Powering Australian Isolated Communities
Oct 2023
Publication
This article proposes a supply chain-based green hydrogen microgrid modelling for a number of remote Australian communities. Green hydrogen can be used as an emissions-free fuel source for electricity generation in places where large-scale renewable energy production is impossible due to land availability population or government regulations. This research focuses on the Torres Strait Island communities in northern Australia where the transition from diesel to renewable electricity generation is difficult due to very limited land availability on most islands. Due to geographical constraints low population and smaller electrical load the green hydrogen needs to be sourced from somewhere else. This research presents a green hydrogen supply chain model that leverages the land availability of one island to produce hydrogen to supply other island communities. In addition this research presents a model of producing and transporting green hydrogen while supplying cheaper electricity to the communities at focus. The study has used a transitional scenario planning approach and the HOMER simulation platform to find the least-cost solution. Based on the results a levelised cost of energy range of AU$0.42 and AU$0.44 was found. With the help of a green hydrogen supply chain CO2 emissions at the selected sites could be cut by 90 %. This study can be used as a guide for small clustered communities that could not support or justify large-scale renewable generation facilities but need more opportunities to install renewable generation.
Techno-Economic Assessment of a Grid-Independent Hybrid Power Plant for Co-Supplying a Remote Micro-Community with Electricity and Hydrogen
Aug 2021
Publication
This study investigates the techno-economic feasibility of an off-grid integrated solar/wind/hydrokinetic plant to co-generate electricity and hydrogen for a remote micro-community. In addition to the techno-economic viability assessment of the proposed system via HOMER (hybrid optimization of multiple energy resources) a sensitivity analysis is conducted to ascertain the impact of ±10% fluctuations in wind speed solar radiation temperature and water velocity on annual electric production unmet electricity load LCOE (levelized cost of electricity) and NPC (net present cost). For this a far-off village with 15 households is selected as the case study. The results reveal that the NPC LCOE and LCOH (levelized cost of hydrogen) of the system are equal to $333074 0.1155 $/kWh and 4.59 $/kg respectively. Technical analysis indicates that the PV system with the rated capacity of 40 kW accounts for 43.7% of total electricity generation. This portion for the wind turbine and the hydrokinetic turbine with nominal capacities of 10 kW and 20 kW equates to 23.6% and 32.6% respectively. Finally the results of sensitivity assessment show that among the four variables only a +10% fluctuation in water velocity causes a 20% decline in NPC and LCOE.
Hydrogen-Enabled Power Systems: Technologies’ Options Overview and Effect on the Balance of Plant
Aug 2025
Publication
Hydrogen-based Power Systems (H2PSs) are gaining accelerating momentum globally to reduce energy costs and dependency on fossil fuels. A H2PS typically comprises three main parts: hydrogen production storage and power generation called packages. A review of the literature and Original Equipment Manufacturers (OEM) datasheets reveals that no single manufacturer supplies all H2PS components posing significant challenges in system design parts integration and safety assurance. Additionally both the literature and H2PS projects’ database highlight a gap in a systematic hydrogen equipment and auxiliary sub-systems technology selection process and how this selection affects the overall H2PS Balance of Plant (BoP). This study addresses that gap by providing a guideline for available technology options and their impact on the H2PS-BoP. The analysis compares packages and auxiliary sub-system technologies to support informed engineering decisions regarding technology and equipment selection. The study finds that each package’s technology influences the selection criteria of the other packages and the associated BoP requirements. Furthermore the choice of technologies across packages significantly affects overall system integrity and BoP. These interdependencies are illustrated using a cause-and-effect matrix. The study’s significance lies in establishing a structured guideline for engineering design and operations enhancing the accuracy of feasibility studies and accelerating the global implementation of H2PS.
Recent Breakthroughs and Future Horizons in Next-generation HT-PEMs for Hydrogen Fuel Cell
Aug 2025
Publication
Aminul Islam,
Mamun Shahriar,
Tarekul Islam,
Md. Tarekul Islam,
Afsana Papia,
Suman Chandra Mohanta,
M. Azizur R. Khan,
Md Aliur Rahman,
Khadiza Tul Kubra,
Md. Munjur Hasan,
Ariyan Islam Rehan,
Mohammed Sohrab Hossain,
Adiba Islam Rasee,
M.A. Shenashen,
Eti Awual,
Md. Chanmiya Sheikh,
Tetsuya Uchida,
R.M. Waliullah,
Md. Shad Salman,
Md. Nazmul Hasan and
Md. Rabiul Awual
High-temperature proton exchange membranes (HT-PEMs) for fuel cells are considered transformative technologies for efficient energy conversion particularly in hydrogen-based transportation owing to their ability to deliver high power density and operational efficiency in harsh environments. However several critical challenges limit their broader adoption notably the limited durability and high costs associated with core components such as membranes and electrocatalysts under elevated temperature conditions. This review systematically addresses these challenges by examining the role of engineered nanomaterials in overcoming performance and stability limitations. The potential of nanomaterials to improve catalytic activity proton conductivity and thermal stability is discussed in detail emphasizing their impact on the optimization of catalyst layer composition including catalysts binders phosphoric acid electrolytes and additives. Recent advancements in nanostructured assemblies and 3D morphologies are explored to enhance fuel cell efficiency through synergistic interactions of these components. Additionally ongoing issues such as catalyst degradation long-term stability and resistance to high-temperature operation are critically analyzed. This manuscript offers a comprehensive overview of current HT-PEMs research and proposes future material design strategies that could bridge the gap between laboratory prototypes and large-scale industrial applications.
Techno-economic Assessment of Hydrogen Production: Comparative Analysis of Electrolyser Technologies in a Hybrid PV/Wind System
Jun 2025
Publication
Green hydrogen is critical for achieving net-zero emissions with water electrolysis offering a CO2-free solution. This study provides a comprehensive comparative financial and economic assessment of a hybrid PV/wind hydrogen production system using three types of electrolysers including Alkaline Electrolyser (AEL) Proton Exchange Membrane Electrolyser (PEMEL) and Solid Oxide Electrolyser (SOEL). Key performance metrics such as net present value (NPV) Internal Rate of Return (IRR) revenues Earnings Before Interest Tax Depreciation and Amortization (EBITDA) Earning Before Taxes (EBT) Debt Service Coverage Ratio (DSCR) and levelized cost of Hydrogen (LCOH) are evaluated to identify the most cost-effective option. The findings reveal that AEL is the most economical solution achieving a higher NPV (503374 k€) and IRR (16.94 % for project IRR) though PEMEL and SOEL remain competitive. Other metrics such as DSCR show that the hydrogen project generates 30 % more cash flow than is required to cover its debt service. Additionally the results of the LCOH analysis demonstrate that a hybrid plant consisting of 10 % PV and 90 % wind is more cost-effective in the studied region than both solar-based or wind-based hydrogen production plants. AEL and PEMEL are approximately 7–6 €/kg less expensive than SOEL but this gap is expected to be narrowed by 2030. The hybrid renewable energy project reduces CO2 emissions by 6786.6 Mt over its lifetime. These findings guide policymakers and investors toward scalable cost-effective green hydrogen deployment emphasizing the synergy of hybrid renewables and mature electrolysis technologies.
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