State‐of‐the art CAPEX data for water electrolysers, and their impact on renewable hydrogen price settings

(2019) International Journal of Hydrogen Energy — Vol. 44, n° 9, p. 4406-4413 (2019)

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Abstract
Within the framework of the Hydrogen Implementing Agreement (HIA) of the International Energy Agency (IEA), a new Task 38 was started early 2016, entitled "Power-to-Hydrogen and Hydrogen-to-X: System Analysis of techno-economic, legal and regulatory conditions". Within this framework, a specific task force was set-up for the compilation of state-of-theart technical and economical data on large-scale water electrolyser systems, both based on PEM and alkaline technology. The objectives set forward have been twofold. Firstly, to offer policy makers and industry with comprehensive trends and guidelines for further electrolyser cost reduction (CAPEX, in Euro/kW) into the MW-scale. Secondly, to provide objective technological & economic arguments for converging towards a realistic electrolytic (and hence renewable) H2 market price (in Euro/kg). This should help water electrolysis to become competitive with SMR technology for (local) H2 production, and hence to start making H2 a competitive fuel.
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Proost, J. (2019). State‐of‐the art CAPEX data for water electrolysers, and their impact on renewable hydrogen price settings. International Journal of Hydrogen Energy, 44(9), 4406-4413. https://doi.org/10.1016/j.ijhydene.2018.07.164 (Original work published 2019)