LCOH cost components evaluated by new tool

A tool developed by the EPRI examines various inputs to calculate the levelised cost of hydrogen

A 100MW alkaline electrolyser offers the most competitive levelised cost of hydrogen (LCOH) at present, according to a new modelling tool developed by US non-profit the Electric Power Research Institute (EPRI). The tool calculates the LCOH by evaluating various inputs including technology, regional electricity cost, water cost, plant power input, average stack power consumption and capacity factor. “Our goal was to develop a platform that can help decision-making at the first stage of a project, when developers are evaluating locations and technologies for their plant,” said Behrooz Motealleh, senior engineer for hydrogen electrolysis at EPRI, speaking on a webinar organised by German knowle