Polymer electrolyte membrane electrolysis

Electrical engineering

Physics

Electrode

Organic chemistry

Process engineering

Mathematics

Hydrogen economy

Hydrogen

Photovoltaics

Cost of electricity by source

Engineering

Electrolysis

Environmental economics

Uncertainty analysis

Physical chemistry

Economics

Power (physics)

Hydrogen production

Chemistry

Grid

Renewable energy

Geometry

Solar Resource

Computer science

Photovoltaic system

Quantum mechanics

Electrolyte

Environmental science

Electricity generation

Simulation

Electrolysis of water

Waste management

Fossil fuel

Cell Reports Physical Science

Solar-driven electrolysis of water to generate hydrogen is emerging as a viable strategy to decarbonize the global energy economy. However, this direction is more expensive than traditional fossil fuel generation of hydrogen, and effective pathways to lower this cost need to be identified. Here, we report a Monte Carlo approach to explore a wide range of input assumptions to identify key cost drivers, targets, and localized conditions necessary for competitive stand-alone dedicated PV powered hydrogen electrolysis. We determine the levelized cost of hydrogen (LCOH), considering historical weather data for specific locations to model our PV system, and optimize its size compared to the electrolyzer. This analysis and its methods show the potential for green hydrogen production using off-grid PV, shows the merits of remote systems in areas of high solar resource, and provides cost and performance targets for electrolyzer technologies.

Techno-economic Analysis of Hydrogen Electrolysis from Off-Grid Stand-Alone Photovoltaics Incorporating Uncertainty Analysis