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A Step towards the Hydrogen Economy—A Life Cycle Cost Analysis of A Hydrogen Refueling Station

Abstract

This study was aimed to define a methodology based on existing literature and evaluate the levelized cost of hydrogen (LCOH) for a decentralized hydrogen refueling station (HRS) in Halle, Belgium. The results are based on a comprehensive data collection, along with real cost information. The main results indicated that a LCOH of 10.3 €/kg at the HRS can be reached over a lifetime of 20 years, if an average electricity cost of 0.04 €/kWh could be achieved and if the operating hours are maximized. Furthermore, if the initial capital costs can be reduced by 80%, in the case of direct subsidy, the LCOH could even fall to 6.7 €/k

Funding source: This study was carried out as a part of the Don Quichote (DQ) project which is co-funded by the 7th Framework Programme (FP7) under the initiative of the Fuel Cell and Hydrogen Joint Undertaking (FCH JU) under grant agreement number 303411.
Related subjects: Policy & Socio-Economics
Countries: Iceland
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/content/journal2544
2017-05-31
2022-11-30
http://instance.metastore.ingenta.com/content/journal2544
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