This LCOH calculator ( made by European Hydrogen Observatory) can be utilized to estimate the expenses related to hydrogen production in Europe using low-temperature electrolysis, considering various sources of electricity. Hopefully, it can will be useful to all stakeholders, policymakers, and investors, helping them make informed decisions and evaluate the most cost-effective approaches for producing #hydrogen! 💚
Sharing “The Levelized Cost of Hydrogen (LCOH) Calculator Manual” (June 2024) published by the European Hydrogen Observatory with my #energy and #hydrogen network! Examining the LCOH is crucial for successfully integrating renewable hydrogen into the energy mix during the just and orderly energy transition. This comprehensive manual explains the methodology behind the interactive LCOH calculator on the European Hydrogen Observatory website. It also demonstrates how the LCOH calculator can be utilized to estimate the expenses related to hydrogen production in Europe using low-temperature electrolysis, considering various sources of electricity. Hopefully, this LCOH calculator, with continued improvement, will be useful to all stakeholders, policymakers, and investors, helping them make informed decisions and evaluate the most cost-effective approaches for producing hydrogen! #sustainability #technology