IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v13y2020i24p6522-d459915.html
   My bibliography  Save this article

Cost-Economic Analysis of Hydrogen for China’s Fuel Cell Transportation Field

Author

Listed:
  • Zixuan Luo

    (Sichuan Energy Internet Research Institute, Tsinghua University, Chengdu 610042, China)

  • Yang Hu

    (School of Mechanical Engineering, Southwest Petroleum University, Chengdu 610050, China)

  • Huachi Xu

    (Sichuan Energy Internet Research Institute, Tsinghua University, Chengdu 610042, China)

  • Danhui Gao

    (Sichuan Energy Internet Research Institute, Tsinghua University, Chengdu 610042, China)

  • Wenying Li

    (Sichuan Energy Internet Research Institute, Tsinghua University, Chengdu 610042, China)

Abstract

China has become a major market for hydrogen used in fuel cells in the transportation field. It is key to control the cost of hydrogen to open up the Chinese market. The development status and trends of China’s hydrogen fuel industry chain were researched. A hydrogen energy cost model was established in this paper from five aspects: raw material cost, fixed cost of production, hydrogen purification cost, carbon trading cost, and transportation cost. The economic analysis of hydrogen was applied to hydrogen transported in the form of high-pressure hydrogen gas or cryogenic liquid hydrogen and produced by natural gas, coal, and electrolysis of water. It was found that the cost of hydrogen from natural gas and coal is currently lower, while it is greatly affected by the hydrogen purification cost and the carbon trading price. Considering the impact of future production technologies, raw material costs, and rising requirements for sustainable energy development on the hydrogen energy cost, it is recommended to use renewable energy curtailment as a source of electricity and multi-stack system electrolyzers as large-scale electrolysis equipment, in combination with cryogenic liquid hydrogen transportation or on-site hydrogen production. Furthermore, participation in electricity market-oriented transactions, cross-regional transactions, and carbon trading can reduce the cost of hydrogen. These approaches represent the optimal method for obtaining inexpensive hydrogen.

Suggested Citation

  • Zixuan Luo & Yang Hu & Huachi Xu & Danhui Gao & Wenying Li, 2020. "Cost-Economic Analysis of Hydrogen for China’s Fuel Cell Transportation Field," Energies, MDPI, vol. 13(24), pages 1-14, December.
    • Handle: RePEc:gam:jeners:v:13:y:2020:i:24:p:6522-:d:459915
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/13/24/6522/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/13/24/6522/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:cdl:itsdav:qt7p3500g2 is not listed on IDEAS
    2. repec:cdl:itsdav:qt1804p4vw is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Viviana Cigolotti & Matteo Genovese & Petronilla Fragiacomo, 2021. "Comprehensive Review on Fuel Cell Technology for Stationary Applications as Sustainable and Efficient Poly-Generation Energy Systems," Energies, MDPI, vol. 14(16), pages 1-28, August.
    2. Yu, Yadong & Guo, Ying & Ma, Tieju, 2023. "Prioritizing the hydrogen pathways for fuel cell vehicles: Analysis of the life-cycle environmental impact, economic cost, and environmental efficiency," Energy, Elsevier, vol. 281(C).
    3. Fan, Jing-Li & Yu, Pengwei & Li, Kai & Xu, Mao & Zhang, Xian, 2022. "A levelized cost of hydrogen (LCOH) comparison of coal-to-hydrogen with CCS and water electrolysis powered by renewable energy in China," Energy, Elsevier, vol. 242(C).
    4. Peng, Wei & Xin, Baogui & Xie, Lei, 2023. "Optimal strategies for production plan and carbon emission reduction in a hydrogen supply chain under cap-and-trade policy," Renewable Energy, Elsevier, vol. 215(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:13:y:2020:i:24:p:6522-:d:459915. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.