Hydrogen Fuel Cell Bus Technology State of the ... - NEXTHYLIGHTS

Hydrogen Fuel Cell Bus Technology State of the Art Review
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Hydrogen fuel price at the pump versus three elctricity prices
( 50% electrolysis, 50% trucked-in gaseous hydrogen )
Electricity price:
€0.05/kWh
Electricity price:
€0.2/kWh
Electricity price:
€0.30/kWh
Refuelling station maintenance cost
Refuelling station financing cost
Cost for the hydrogen (50% delivered
and 50% produced from electrolysis)
Average EU taxed and untaxed
diesel fuel price (~ € 1.15 and
€ 0.58/ litre)
Assumptions:
Refueling station capital cost: € 7.5million,
Hydrogen purchase price: €4/kg
Station maintenance fee: €225,000/year
Discount rate: 3.5%
Discount period: 10 years
The figures assume two electrolysers
with a capital cost of €300,000 each.
The conversion efficiency of the process ,
including gas continioning and compression,
is assumed close to 65kWh/kg H2
Figure 44 Estimation of the hydrogen fuel price at the pump for the refuelling station in
HafenCity, Hamburg. The figures refer to three different electricity prices. The cost of the
hydrogen is the arithmetic average between the hydrogen purchase price and the
production cost from electrolysis.
Figure 44 suggests that the hydrogen fuel price at the pump is likely to be at least three
times higher than the average taxed diesel price in the European market, even
assuming subsidised electricity prices (e.g. as low as €0.05/kWh). This result is
influenced by the high capital cost of the refuelling station and, most notably, by the cost
of the hydrogen itself, i.e. excluding financing and maintenance costs. This latter is the
key cost component and is influenced by the poor economic performance of the
electrolysers.
There is, however, scope for substantial cost reductions for these kind of refuelling
station designs over time. Particularly as the constrained location and prototype nature
of this project have increased costs significantly.
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