Cost estimate of Hydrogen Fuel Cells versus Gasoline

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SUMMARY

The cost analysis of Hydrogen Fuel Cells versus Gasoline reveals that gasoline costs approximately $1.02/L with an energy density of 32 MJ/L, while hydrogen is priced between $3-4/kg and has an energy density of around 120 MJ/kg. Despite these figures, the resulting cost per Joule for both fuels appears similar, which raises questions about the accuracy of the data. The U.S. market shows that liquid hydrogen is roughly $4/kg, and significant challenges remain in reducing the cost of PEM fuel cells to below $100 per kilowatt for commercial viability.

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  • Understanding of energy density and cost calculations
  • Familiarity with Hydrogen Fuel Cell technology, specifically PEM fuel cells
  • Knowledge of fuel pricing mechanisms in the U.S. market
  • Basic principles of thermodynamics related to energy conversion
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Engineers, energy analysts, and policymakers interested in the economic and technical aspects of hydrogen fuel cells and their comparison to traditional gasoline fuels.

skiboka33
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Although a complete cost analysis is much more complicated, the particular question only requires the following: an energy cost estimate (in terms of $/Joule).

This was directed to be done by taking volumetric or mass based costs of each fuel as well as the associated energy conent or energy density.

I am finding it very difficult to find any reliable information through google.

Where I'm living gas costs are about $1.02/L right now. My research lead me to an energy density of 32 MJ/L for octace which I used for the gasoline calc.

For Hydrogen, most costs seems to be between 3-4 $/kg with an energy density of around 120 MJ/kg.

These numbers result in similar $/Joule results for both fuels, which I'm pretty sure should not be the case. Do those numbers make sense? Is there a reliable source where I can check my data.

Please ignore all other costs and efficiencies associated with the two fuels and engines. This is just a very simple calc once I have the correct data.

Your help is much appreciated.
 
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Hi skiboka,
skiboka33 said:
Where I'm living gas costs are about $1.02/L right now. My research lead me to an energy density of 32 MJ/L for octace which I used for the gasoline calc.

For Hydrogen, most costs seems to be between 3-4 $/kg with an energy density of around 120 MJ/kg.

These numbers result in similar $/Joule results for both fuels, which I'm pretty sure should not be the case. Do those numbers make sense?
I'm not in sales but I work as an engineer for hydrogen economy related systems. There are a few public hydrogen refueling stations, one in Washington DC for example, but I don't know what they're selling hydrogen at. I can tell you that most hydrogen customers are large corporations who buy in bulk. They purchase either liquid hydrogen which must be compressed on site, or gasseous hydrogen that's delivered in large tube trailers and is used by a fleet of vehicles, busses, or material handling equipment (ie: forklifts). The going rate for liquid hydrogen is on the order of $4/kg. That's a very rough number from someone that isn't in the sales area. I could talk to our sales folks, but that should get you close.

If the company buying the hydrogen is a resale store such as the Shell station in Washington DC, then I suspect there's a markup on it, but I don't know what that is. For gasoline, I believe the markup is fairly small. Note also that this is for the US market and may not apply to the European market. Also, European countries have a considerable tax on the gasoline as I understand it and I doubt there's an equivalent tax on hydrogen just yet.
 
US National Academy of Engineering (2004) said:
...The committee observes that the federal government has been active in fuel cell research for roughly 40 years, while proton exchange membrane (PEM) fuel cells applied to hydrogen vehicle systems are a relatively recent development (as of the late 1980s). In spite of substantial R&D spending by the DOE and industry, costs are still a factor of 10 to 20 times too expensive, these fuel cells are short of required durability, and their energy efficiency is still too low for light-duty-vehicle applications. Accordingly, the challenges of developing PEM fuel cells for automotive applications are large, and the solutions to overcoming these challenges are uncertain.

The committee estimates that the fuel cell system, including on-board storage of hydrogen, will have to decrease in cost to less than $100 per kilowatt (kW)4 before fuel cell vehicles (FCVs) become a plausible commercial option, and that it will take at least a decade for this to happen.

http://www.nap.edu/openbook.php?record_id=10922&page=4
 

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