Techno-Economic Model for Scaling Up of Hydrogen Refueling Stations
Roberta Caponi,
Enrico Bocci and
Luca Del Zotto ()
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Roberta Caponi: Department of Engineering Sciences, Università degli Studi Guglielmo Marconi, 00193 Rome, Italy
Enrico Bocci: Department of Engineering Sciences, Università degli Studi Guglielmo Marconi, 00193 Rome, Italy
Luca Del Zotto: CREAT, Centro di Ricerca su Energia, Ambiente e Territorio, Università Telematica eCampus, 22060 Novedrate, Italy
Energies, 2022, vol. 15, issue 20, 1-16
Abstract:
In a recent publication, the Hydrogen Council states that scaling up to greater production volumes leads to significant cost savings as a consequence of the industrialization of equipment manufacturing, increased utilization, standardization, and improvements in system efficiency and flexibility. In this study, a component-oriented techno-economic model is applied to five different European hydrogen refueling stations within the 3Emotion project, which is planned to ensure capacities sufficient for increasing a fleet to 100 fuel cell buses. The investigation of the various cases shows that the levelized cost of hydrogen (LCOH) for large-scale applications will be in the range of about 4 €/kg to 7 €/kg within the boundaries analyzed. On-site production facilities were found to be the lower-cost design, benefiting from the high volumes at stake and the economy of scale with respect to decentralized production due to the significant costs associated with retail hydrogen and transport. This study also illustrates the effects on the LCOH of varying the hydrogen delivery and production prices using a sensitivity analysis. The results show that, by utilizing high-capacity trailers, the costs associated with delivery could be reduced by 30%. Furthermore, green hydrogen production could be a competitive solution if coupled with low electricity prices, resulting in an LCOH between 4.21 €/kg and 6.80 €/kg.
Keywords: large-scale hydrogen stations; techno-economic model; levelized cost of hydrogen (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:15:y:2022:i:20:p:7518-:d:940199
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