Supply cost curves for renewable hydrogen based on hybrid onshore wind-PV configurations, 2035

Sources

Based on data from Jülich Systems Analysis at Forschungszentrum Jülich using the ETHOS model suite.

Notes

WACC = weighted average cost of capital. CAPEX of USD 1183/kW for electrolysis, USD 1315/kW for onshore wind, USD 639/kW for solar PV and USD 175/kW for batteries. Asset capacities are optimised based on total levelised cost for each area of 0.25x0.25°. Potential in the figure is based on 10% of land available after considering land exclusion zones.