Tools

Green Hydrogen Levelized Cost (LCOH) & Carbon Intensity Estimator

Hydrogen's price tag is really an electricity price tag. Pick a pathway, adjust the assumptions, and see what a kilogram actually costs — and emits.

Pathway & assumptions

Choosing a pathway loads its benchmark defaults; every value below stays editable.

Levelized cost — selected pathway$4.25 / kgAnnual output (per MW): 70,080 kg · capital $1.74/kg · O&M $0.51/kg · stack $0.49/kg · electricity $1.50/kg
Carbon intensity0.5 kg CO₂ / kg H₂Renewable-powered electrolysis shown at 0.5 kg CO₂/kg for embedded plant emissions.
All pathways at preset defaults
PathwayLCOH ($/kg)Carbon (kg CO₂/kg)
PEM electrolysis — green (renewable power)$4.250.5
Alkaline electrolysis — green (renewable power)$3.700.5
SMR — grey (unabated natural gas)$1.3011.0
SMR + CCS — blue (90% capture)$1.702.4
Comparison rows use fixed preset defaults, not your edited inputs.

How it works

Electrolytic LCOH is computed per MW: annual hydrogen = capacity × capacity factor × 8,760 ÷ kWh per kg. Annualised capex uses the capital recovery factor at the discount rate and lifetime, plus fixed O&M and a stack replacement annualised simply as 20% of capex every 7 years. Electricity cost is annual output × kWh per kg × power price. SMR cost is gas use (0.15 MMBtu/kg) × gas price plus a benchmark non-fuel adder ($0.70/kg grey, $1.10/kg blue).

Assumptions & sources

  • All defaults are IEA Global Hydrogen Review / DOE-benchmark estimates, editable above — not project quotes.
  • Green hydrogen on dedicated renewables is shown at 0.5 kg CO₂/kg for embedded emissions; grid-powered hydrogen scales with grid intensity.
  • SMR carbon = 9.5 × (1 − capture rate) + 1.5 kg upstream methane adder for gas production and transport; grey SMR is 9.5 + 1.5.
  • Water, land, transport, storage and delivery costs are excluded; delivered hydrogen costs more than production cost.
  • Estimates only — project-specific LCOH depends on site, offtake, financing and policy support.

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