Numerous studies are now published every month containing estimates for the levelised cost of hydrogen (LCOH) production. They provide policymakers with the techno-economic basis on which to make their decisions and to design appropriate support schemes. But are the costs calculated consistently across these studies? How are system boundaries drawn? Which cost drivers are important, and which can be omitted? The study sheds light on why the LCOH differs both between individual studies and between studies and real-world projects and provides recommendations for improving the application of the concept based on sensible simplifications that enable LCOH comparisons. We hope that […]
