Abstract
In this study, the economic viability of hydrogen production in the Republic of Uzbekistan was evaluated. Specifically, the costs and breakeven prices for hydrogen production were analysed across five selected regions within the Republic. The analysis focused on the potential reduction in production costs achievable through investor engagement. Among the regions studied, Tashkent exhibited the lowest production cost at 1.2 USD/kg. In scenarios devoid of investor participation, the levelized cost of hydrogen (LCOH) was estimated to range between 1.25 and 2.00 USD/kg. The inclusion of investors was found to yield an average profit of 0.35 USD/kg across the Republic. The findings suggest that with an average production cost of 1.2 USD/kg, hydrogen production in the Republic of Uzbekistan could be economically viable.
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