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.
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.
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.
More from the reports
- Roadmap for hydrogen economy development in India - Marking key indices
- Mapping approval & clearances required for new hydrogen projects in India
- Scaling hydrogen production in India - Enabling right policy framework and gap assessment
- Policy support indexation for development of India as a hydrogen economy
- Stages of policy support for robust green hydrogen ecosystem development in India
- Hydrogen market opportunities and challenges for India in the current pretext
- Modelling levelised cost of hydrogen under scenario based circumstances for India for Alkaline Water Electrolysis
- Modelling levelised cost of hydrogen under scenario based circumstances for India for PEM Electrolysis
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