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Life Cycle Costing Analysis: Tools and Applications for Determining Hydrogen Production Cost for Fuel Cell Vehicle Technology

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  • Martin Khzouz

    (Department of Systems Engineering, Military Technological College, Al Matar Street, Muscat 111, Oman
    Institute for Future Transport and Cities, Coventry University, Priory Street, Coventry CV1 5FB, UK)

  • Evangelos I. Gkanas

    (Institute for Future Transport and Cities, Coventry University, Priory Street, Coventry CV1 5FB, UK)

  • Jia Shao

    (Faculty Research Centre for Financial and Corporate Integrity, Coventry University, Priory Street, Coventry CV1 5FB, UK)

  • Farooq Sher

    (Faculty of Engineering, Environment and Computing, Coventry University, Coventry CV1 2JH, UK)

  • Dmytro Beherskyi

    (Faculty of Engineering, Environment and Computing, Coventry University, Coventry CV1 2JH, UK
    Departmet of Automobiles and Transport Technologies, Zhytomyr Polytechnic State University, 10005 Zhytomyr, Ukraine)

  • Ahmad El-Kharouf

    (Centre for Hydrogen and Fuel Cell Research, School of Chemical Engineering, University of Birmingham, Birmingham B15 2TT, UK)

  • Mansour Al Qubeissi

    (Institute for Future Transport and Cities, Coventry University, Priory Street, Coventry CV1 5FB, UK
    Faculty of Engineering, Environment and Computing, Coventry University, Coventry CV1 2JH, UK)

Abstract

This work investigates life cycle costing analysis as a tool to estimate the cost of hydrogen to be used as fuel for Hydrogen Fuel Cell vehicles (HFCVs). The method of life cycle costing and economic data are considered to estimate the cost of hydrogen for centralised and decentralised production processes. In the current study, two major hydrogen production methods are considered, methane reforming and water electrolysis. The costing frameworks are defined for hydrogen production, transportation and final application. The results show that hydrogen production via centralised methane reforming is financially viable for future transport applications. The ownership cost of HFCVs shows the highest cost among other costs of life cycle analysis.

Suggested Citation

  • Martin Khzouz & Evangelos I. Gkanas & Jia Shao & Farooq Sher & Dmytro Beherskyi & Ahmad El-Kharouf & Mansour Al Qubeissi, 2020. "Life Cycle Costing Analysis: Tools and Applications for Determining Hydrogen Production Cost for Fuel Cell Vehicle Technology," Energies, MDPI, vol. 13(15), pages 1-19, July.
  • Handle: RePEc:gam:jeners:v:13:y:2020:i:15:p:3783-:d:388788
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    References listed on IDEAS

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    Cited by:

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    6. Radosław Kaplan & Michał Kopacz, 2020. "Economic Conditions for Developing Hydrogen Production Based on Coal Gasification with Carbon Capture and Storage in Poland," Energies, MDPI, vol. 13(19), pages 1-20, September.
    7. Tomasz Neumann, 2023. "Efficient Use of Low-Emission Power Supply for Means of Transport," Energies, MDPI, vol. 16(8), pages 1-14, April.
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    9. Sebastian Fredershausen & Henrik Lechte & Mathias Willnat & Tobias Witt & Christine Harnischmacher & Tim-Benjamin Lembcke & Matthias Klumpp & Lutz Kolbe, 2021. "Towards an Understanding of Hydrogen Supply Chains: A Structured Literature Review Regarding Sustainability Evaluation," Sustainability, MDPI, vol. 13(21), pages 1-19, October.
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