Green Hydrogen Innovation Centre · Data Tools

Green Hydrogen Cost Assessment Tool

Estimates the levelised and landed cost of green hydrogen (LCOH) from financing, renewable energy and electrolyser assumptions.

User guide (PDF)

About the tool

What it does

The tool models the green hydrogen value chain - from renewable energy procurement, transmission and balancing power through the electrolysis plant to storage and transport - to calculate and optimise the levelised cost of hydrogen.

It supports co-located and off-site renewable plants, and reports the levelised cost of electricity, the levelised cost of hydrogen and the landed cost of hydrogen, together with cost components, production and the project’s financial statements.

Built for

  • Project developers
  • Investors and lenders
  • Policymakers
  • Consultants and analysts
  • 5 sectionsproject, power, plant and logistics
  • 10-15 minto complete
  • USD per kglevelised and landed cost
  • PDF reportone page, free to download

What it looks at

01Project & financial assumptions

  • Plant economic life, construction period, CAPEX phasing
  • Capital structure, debt-equity ratio, return on equity
  • Interest rate, hedging cost, corporate tax
  • Target green hydrogen selling price

02Renewable energy

  • Procurement mode (PPA/CAPEX) and source (solar, wind, hybrid)
  • Transmission, wheeling and regulatory charges and losses
  • Balancing power share and cost, RE certificates
  • RE availability and electrolyser utilisation

03Electrolysis & logistics

  • Technology (Alkaline, PEM, SOEC), capacity and system CAPEX
  • Specific energy consumption, stack life and degradation
  • Water source, desalination and water cost
  • Storage, in-country transport and shipping costs

Step by step

How to use it

6 steps from first input to result. Screenshots of every step are in the user guide.

  1. Step 1

    Choose the country

    Pick the country of the project to open the form.

  2. Step 2

    Make the project choices

    Choose how renewable power is procured, its source, the electrolyser technology, ownership and water source.

  3. Step 3

    Adjust the assumptions

    Change any financing, power, plant or logistics assumption - every field you leave empty uses the tool’s default, shown in the field.

  4. Step 4

    Own renewable plant

    If renewable energy is procured under the CAPEX mode, a step for the plant’s own costs appears to work out its cost of electricity.

  5. Step 5

    View the results

    Click “View results” for the levelised and landed cost of hydrogen, its breakdown and the project returns.

  6. Step 6

    Download the report

    Download a one-page PDF of the estimate, or go back to any step to try other values.

Green Hydrogen Cost Assessment Tool

Open the original workbook

Before you start

Estimate the cost of producing green hydrogen

Select the country, then describe the project in 5 short sections - financing, renewable power, the electrolyser and logistics. Choose an option wherever you are asked; for the figures, leave a field empty to use the default shown in it. Select View results to see the levelised cost of hydrogen and the project’s returns, and download them as a one-page PDF.

  • About 10-15 minutes
  • All costs in USD
  • Answers are kept in this browser
Loading the cost model…