Abstract
The article focused on investigation of cost efficiency of hydrogen production via water electrolysis in Russia up to 2030. Different non-carbon generation technologies were assumed as input sources for electrolysis, namely wind, solar, hydro and nuclear power plants. Analysis is based on levelized cost of hydrogen (LCOH) framework incorporating all cost related to electrolysis (capital cost, operation & maintenance, electricity price, etc.). Additionally, we estimated LCOH sensitivity to some techno-economic parameters – cost of capital, capital expenses and capacity factor of different power supply sources.
Highlights
One of the most important issues in the modern energy sector is the necessary to decrease its negative impact on the environment
To estimate the economic viability of hydrogen production via electrolysis, we used levelized cost of hydrogen (LCOH) framework incorporating all cost associated with electrolysis production process
High is cost of hydrogen produced with renewable electricity – around 14 USD/kg H2 for solar and 9,5 USD/kg H2 – for wind generation. It is caused by relatively low capacity factor of this plants
Summary
One of the most important issues in the modern energy sector is the necessary to decrease its negative impact on the environment (so called “climate agenda”). The urgency of the problem is widely acknowledged, especially in economically advanced countries. It was resulted in some international agreements to limit the growth of greenhouse gas emissions (e.g., Paris Climate Agreement [1]). Last year the European Commission had announced the start of so called “Green deal” policy [2] aiming to achieve zero-carbon state of European economy to 2050, with the crossborder carbon tax as a key supporting measure. All those initiatives will significantly influence the Russian Federation as one of the major trade partner of the EU. The leading role here is played by wind and solar energy technologies, as well as technologies for using solid biomass and biogas
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