LCOH is our North Star

Electrolyzer efficiency and capital cost are only two factors in a broad landscape of levers that affect what really matters – the Levelized Cost of Hydrogen (LCOH). The Calicat model holistically focuses on multiple key input parameters such as different catalyst technologies, membranes, operation capacity factors, and hourly electricity costs. Try Calicat’s Advanced LCOH Model and see how our products affect the costs of producing hydrogen within a plant.

The LCOH model produces plots like the above, which compare the different contributions to LCOH of components like electricity, initial Capex, O&M, and stack replacement. In these example plots, identical electrolyzers are compared with and without Calicat’s Defender PTL coating. Each scenario reflects a user-selectable set of operating parameters. In this case, a 1.6 MW plant is operating at capacity factor of 1, with an electricity cost of $0.06 US/kWh. While this scenario produces a $0.29 US/kg hydrogen cost reduction, results will vary by the assumptions you select.