Browse > Article

An Analysis of the Economy of Scale for Domestic On-site Hydrogen Fueling Stations  

Gim, Bong-Jin (Dept. of Industrial Engineering Dankook University)
Kim, Jong-Wook (Dept. of R&D Policy Research KIER)
Publication Information
Abstract
This paper deals with the economy of scale for domestic on-site hydrogen stations fueled with natural gas and naptha. We evaluate the economic feasibility of on-site hydrogen stations with hydrogen production capacities of $30Nm^3/hr,\;100Nm^3/hr\;and\;300Nm^3/hr$. We build a classical economic feasibility model and we make some sensitivity analyses by changing the values of input factors such as the hydrogen sale price and the discount rate. The estimated hydrogen prices of steam methane reforming stations with production capacities of $30\;Nm^3/hr,\;100\;Nm^3/hr\;and\;300\;Nm^3/hr$ are 18,472 won/kg, 10,689 won/kg and 7,758 won/kg, respectively. Also, the hydrogen prices are about the same if we use naptha as a raw material for hydrogen energy instead of natural gas. It turns out that small and medium size domestic on-site hydrogen stations will not be economical in the near future. This indicates that we need to construct large scale on-site hydrogen fueling stations even for the initial phase of the hydrogen economy.
Keywords
On-site hydrogen fueling station; Hydrogen price; Economy of scale; Economic analysis; Steam reforming;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Aaron, T.M. 'Low cost hydrogen production platform', DOE Hydrogen Annual Meeting, U.S.A., 2004
2 Myers, D.B.; Ariff, G.D.; James, B.D.; Lettow, J.S.; Thomas, C.E.; Kuhn, R.C. 'Cost and performance comparison of stationary hydrogen fueling appliances', Proceeding of the 2002 U.S.A. DOE Hydrogen Program Review, 2002
3 박찬석 ; 김규태, 최성호. 경제성공학, 영지문화사, 2004, 58
4 Japan Hydrogen & Fuelcells. 'JHFC: Results of Study for Total Efficiency', 2005
5 김봉진, 김종욱; 윤왕래 ; 서동주. '20 $Nm^3$/hr급 메탄수 증기개질기를 설치한 국내 분산형 수소스테이션의 수소 가격', 한국수소 및 신에너지학회 추계학술대회, 2005, 75
6 양문희; 김봉진; 김종욱. 'GHG를 고려한 수소연료전지 자동차의 경제성 분석', 신재생에너지, 2005, 1, 42
7 Japan Hydrogen & Fuelcells. 'JHFC: A Mid-term Report of Results of Study for Total Efficiency', 2004, 78
8 Department of Energy, 'Multi-year research, development and demonstration plan', U.S.A., 2003
9 Adame, C.; Caldwell, M.; Crosby, J.; Glanville, P.; Gonzalez, M.; Heffner, R.; Heinen, K.; McCarthy, R.; Weinert, J. 'Bid in response to the DOEINHA proposal to design a public hydrogen fueling station', U.C. Davis., 2004