- Titel
- Levelized cost of hydrogen production in Northern Africa and Europe in 2050
- Untertitel
- A Monte Carlo simulation for Germany, Norway, Spain, Algeria, Morocco, and Egypt
- Zitierfähige Url:
- https://nbn-resolving.org/urn:nbn:de:bsz:105-qucosa2-1046641
- Quellenangabe
- International journal of hydrogen energy
Erscheinungsjahr: 2024
Jahrgang: 69
Seiten: 184-194
ISSN: 1879-3487 - Erstveröffentlichung
- 2024
- Abstract (EN)
- The production of green hydrogen through electrolysis, utilizing renewable energies, is recognized as a pivotal element in the pursuit of decarbonization. In order to attain cost competitiveness for green hydrogen, reasonable generation costs are imperative. To identify cost-effective import partners for Germany, given its limited green hydrogen production capabilities, this study undertakes an exhaustive techno-economic analysis to determine the potential Levelized Cost of Hydrogen in Germany, Norway, Spain, Algeria, Morocco, and Egypt for the year 2050, which represents a critical milestone in European decarbonization efforts. Employing a stochastic approach with Monte Carlo simulations, the paper marks a significant contribution for projecting future cost ranges, acknowledging the multitude of uncertainties inherent in related cost parameters and emphasizing the importance of randomness in these assessments. Country-specific Weighted Average Cost of Capital are calculated in order to create a refined understanding of political and economic influences on cost formation, rather than using a uniform value across all investigated nations. Key findings reveal that among the evaluated nations, PV-based hydrogen emerges as the most cost-efficient alternative in all countries except Norway, with Spain presenting the lowest Levelized Cost of Hydrogen at 1.66 €/kg to 3.12 €/kg, followed by Algeria (1.72 €/kg to 3.23 €/kg) and Morocco (1.73 €/kg to 3.28 €/kg). Consequently, for economically favorable import options, Germany is advised to prioritize PV-based hydrogen imports from these countries. Additionally, hydrogen derived from onshore wind in Norway (2.24 €/kg to 3.73 €/kg) offers a feasible import alternative. To ensure supply chain diversity and reduce dependency on a single source, a mixed import strategy is advisable. Despite having the lowest electricity cost, Egypt shows the highest Levelized Cost of Hydrogen, primarily due to a significant Weighted Average Cost of Capital.
- Andere Ausgabe
- Levelized cost of hydrogen production in Northern Africa and Europe in 2050: A Monte Carlo simulation for Germany, Norway, Spain, Algeria, Morocco, and Egypt
DOI: 10.1016/j.ijhydene.2024.04.319 - Freie Schlagwörter (DE)
- Elektrolyse, Wasserstoff, Grüner Wasserstoff, Erneuerbare Energien, Monte‑Carlo‑Simulation, Simulation, Energie, Politik, Wirtschaft, Algerien, Spanien, Norwegen, Ägypten, Marokko
- Freie Schlagwörter (EN)
- Green hydrogen, LCOH, Monte Carlo simulation, PEM electrolysis, Renewable energy
- Klassifikation (DDC)
- 330
- Normschlagwörter (GND)
- Elektrolyse
- Wasserstoff
- Grüner Wasserstoff
- Erneuerbare Energien
- Monte‑Carlo‑Simulation
- Simulation
- Energie
- Politik
- Wirtschaft
- Algerien
- Spanien
- Norwegen
- Ägypten
- Marokko
- Verlag
- Elsevier, New York
- Sonstige beteiligte Institution
- Technische Universität Bergakademie Freiberg, Freiberg
- Version / Begutachtungsstatus
- publizierte Version / Verlagsversion
- URN Qucosa
- urn:nbn:de:bsz:105-qucosa2-1046641
- Veröffentlichungsdatum Qucosa
- 19.05.2026
- Dokumenttyp
- Artikel
- Sprache des Dokumentes
- Englisch
- Lizenz / Rechtehinweis
CC BY 4.0