Modelling levelised cost of hydrogen under scenario based circumstances for India for PEM Electrolysis

By Team Eninrac August 2023

Levelised Cost of Hydrogen – PEM

While using PEM technology the LCOH is projected to be USD 6.76/kWh by 2050 under Base Case Scenario while electricity is being fed through grid. Further, the LCOH is expected to be USD 7.04/kWh & USD 6.49/kWh under High Case Scenario & Low Case Scenario respectively by 2050.

Under base scenario the LCOH comes out to be USD 6.06/kWh in 2020 while using power through grid. Further, LCOH comes out to be USD 6.12/kWh while feeding power through solar & USD 5.94/kWh while feeding power through wind under in 2020.

global-pathways.png

This perspective is part of Eninrac's 2023 Green Hydrogen Industry Report.
bbg

Grid Fed: Under base case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.06/kWh & USD 6.76/kWh respectively. Under lower case scenario the LCOH for year 2020 & 2050 comes out to be USD 5.87/kWh & USD 6.49/kWh respectively. Under high case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.23/kWh & USD 7.04/kWh respectively.

Solar Fed: Under base case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.12/kWh & USD 6.68/kWh respectively. Under lower case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.03/kWh & USD 6.54/kWh respectively. Under high case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.18/kWh & USD 6.81/kWh respectively.

bbg
bbg

Wind Fed: Under base case scenario the LCOH for year 2020 & 2050 comes out to be USD 5.94/kWh & USD 6.49/kWh respectively. Under lower case scenario the LCOH for year 2020 & 2050 comes out to be USD 5.86/kWh & USD 6.39/kWh respectively. Under high case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.03/kWh & USD 6.69/kWh respectively.

For any customized market research, consulting & advisory needs drop a query at - connect@eninrac.com

Previous Insight

Next Insight

Related Posts

Read More