LCOH definition
Examples of LCOH in a sentence
There is consequently an incremental LCOH, typically of US$0.50 to $1.00 per kg, and thus we derive an overall Blue Hydrogen levelized cost in a range between US$1.50 and US$3.50 per kg.
Blue Hydrogen Pricing Brown/Grey Hydrogen, as a baseline has a current Levelized Cost of Hydrogen (LCOH) ranging from circa US$1.00 to US$2.50 per kg, whereas Green Hydrogen’s LCOH is currently estimated to range between US$2.50 to US$10.00 per kg depending on technologies.
Natural gas price and CAPEX each account for approximately 40% of the LCOH in global locations with access to low-cost Natural Gas such as in the North America, Middle East and Russia, with about 20% associated with OPEX.
Beyond such easy-win industrial hub locations, Blue Hydrogen from a standalone project is likely to be at the mid to higher end of the LCOH range and potentially uneconomic without other incentives.