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

By Team Eninrac August 2023

Levelised Cost of Hydrogen – PEM

While using SOE technology the LCOH is projected to be USD 8.86/kWh by 2050 under Base Case Scenario while electricity is being fed through grid. Further, the LCOH is expected to be USD 9.55/kWh & USD 8.17/kWh under High Case Scenario & Low Case Scenario respectively by 2050.

Under base scenario the LCOH comes out to be USD 7.48/kWh in 2020 while using power through grid. Further, LCOH comes out to be USD 6.73/kWh while feeding power through solar & USD 6.60/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 7.18/kWh & USD 8.86/kWh respectively. Under lower case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.99/kWh & USD 8.17/kWh respectively. Under high case scenario the LCOH for year 2020 & 2050 comes out to be USD 7.91/kWh & USD 9.55/kWh respectively.

Solar Fed: Under base case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.73/kWh & USD 7.72/kWh respectively. Under lower case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.5/kWh & USD 7.38/kWh respectively. Under high case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.88/kWh & USD 8.07/kWh respectively.

bbg
bbg

Wind Fed: Under base case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.60/kWh & USD 7.71/kWh respectively. Under lower case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.38/kWh & USD 7.32/kWh respectively. Under high case scenario the LCOH for year 2020 & 2050 comes out to be USD 6.81/kWh & USD 8.09/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
Commercial supply chain and hydrogen strategy roadmap for Americas - USA & Canada
September 2023
Commercial supply chain and hydrogen strategy roadmap for Americas -...

Americas The United States has long been a leader in global energ

Is Electric Mobility in India Following a Smooth Route ? Snapshot of the Current EV Landscape
July 2022
Is Electric Mobility in India Following a Smooth Route ?...

Electric Vehicle Market in India – A know howThe electric vehicle landscape is rapidly changing in India as bo

Coal Shortage in India - Myth, Perception or Reality?
October 2021
Coal Shortage in India - Myth, Perception or Reality?

Understanding the Current Coal Dynamics in India