Life Cycle Costing Analysis: Tools and Applications for Determining Hydrogen Production Cost for Fuel Cell Vehicle Technology

Martin Khzouz; Evangelos Gkanas; Jia Shao; Farooq Sher; Dmytro Beherskyi; Ahmad El-Kharouf; Mansour Al Qubeissi

doi:10.3390/en13153783

Life Cycle Costing Analysis: Tools and Applications for Determining Hydrogen Production Cost for Fuel Cell Vehicle Technology

Martin Khzouz, Evangelos Gkanas, Jia Shao, Farooq Sher, Dmytro Beherskyi, Ahmad El-Kharouf, Mansour Al Qubeissi

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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
Article number	3783
Number of pages	19
Journal	Energies
Volume	13
Issue number	15
DOIs	https://doi.org/10.3390/en13153783
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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This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.3390/en13153783Licence: CC BY

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Cite this

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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.",

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AU - Sher, Farooq

AU - Beherskyi, Dmytro

AU - El-Kharouf, Ahmad

AU - Al Qubeissi, Mansour

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PY - 2020/7/23

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N2 - 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.

AB - 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.

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KW - cost analysis

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KW - centralised hydrogen production

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Life Cycle Costing Analysis: Tools and Applications for Determining Hydrogen Production Cost for Fuel Cell Vehicle Technology

Abstract

Bibliographical note

Funder

Keywords

UN SDGs

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