Abstract
This work investigates life cycle costing analysis as a tool to estimate the cost of hydrogen to be used as fuel for Hydrogen Fuel Cell vehicles (HFCVs). The method of life cycle costing and economic data are considered to estimate the cost of hydrogen for centralised and decentralised production processes. In the current study, two major hydrogen production methods are considered, methane reforming and water electrolysis. The costing frameworks are defined for hydrogen production, transportation and final application. The results show that hydrogen production via centralised methane reforming is financially viable for future transport applications. The ownership cost of HFCVs shows the highest cost among other costs of life cycle analysis.
Original language | English |
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Article number | 3783 |
Number of pages | 19 |
Journal | Energies |
Volume | 13 |
Issue number | 15 |
DOIs | |
Publication status | Published - 23 Jul 2020 |
Bibliographical note
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.Funder
This research was funded by the EU Commission KA107 project, grant number: 2018-1-UK01-KA107-047386.Keywords
- hydrogen economy
- cost analysis
- life cycle costing
- methane reforming
- water electrolysis
- centralised hydrogen production
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Profiles
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Evangelos Gkanas
- Institute for Future Transport and Cities - Assistant Professor (Academic)
Person: Teaching and Research
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Mansour Qubeissi
- School of Mechanical, Aerospace and Automotive Engineering - Assistant Professor (Academic)
Person: Teaching and Research
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Jia Shao
- Faculty Research Centre for Financial & Corporate Integrity - Associate
- Mathematics Support Centre - Lecturer in Statistics
Person: Teaching and Research