Economic analysis of an installation producing hydrogen through water electrolysis

  • Janusz Kotowicz Silesian University of Technology
  • Michał Jurczyk Silesian University of Technology

Abstract

This paper presents an economic analysis of an installation that produces hydrogen through water electrolysis. The purposeof the economic analysis performed for the hydrogen generator was to determine the break-even price of hydrogen. Incalculations the NPV (Net Present Value) indicator was used. The reference system had installed power of 10 MW andworked 8 hours a day (2920 hours per year) during the valley of demand for electricity. The installation’s lifetime was assumedto be 100,000 hours. The efficiency of the hydrogen generator was assumed to be 80% during operation at maximum power.

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Published
2019-09-14
How to Cite
KOTOWICZ, Janusz; JURCZYK, Michał. Economic analysis of an installation producing hydrogen through water electrolysis. Journal of Power Technologies, [S.l.], v. 99, n. 3, p. 170–175, sep. 2019. ISSN 2083-4195. Available at: <https://papers.itc.pw.edu.pl/index.php/JPT/article/view/1513>. Date accessed: 29 july 2021.
Section
Energy Conversion and Storage

Keywords

energy storage, hydrogen, hydrogen generator, electrolyzer

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