2022
DOI: 10.1016/j.ijhydene.2021.10.247
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Economic evaluation of fuel cell-powered OFF-ROAD machinery using stochastic analysis

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Cited by 6 publications
(8 citation statements)
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References 23 publications
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“…Different countries are instituting regulations with a focus on reducing the consumption of fossil fuels and emissions from vehicles. For companies that require heavy machinery, such as mining and civil construction, new laws and requirements should be followed, and OEMs are now searching for different ways to power the vehicles, such as battery, fuel cell and hydrogen combustion [13].…”
Section: Current Research On Electrified Systemsmentioning
confidence: 99%
“…Different countries are instituting regulations with a focus on reducing the consumption of fossil fuels and emissions from vehicles. For companies that require heavy machinery, such as mining and civil construction, new laws and requirements should be followed, and OEMs are now searching for different ways to power the vehicles, such as battery, fuel cell and hydrogen combustion [13].…”
Section: Current Research On Electrified Systemsmentioning
confidence: 99%
“…A more strategic aim is applied in [15][16][17][18][19], evaluating how market actors could interact to either maximise synergies or gain access to a larger share of the market. In [15], a Chinese electric grid company is advised on how to prevail in a shifting energy landscape, where hydrogen distribution through collaboration with gas companies constitutes one opportunity to increase operations within renewable energy.…”
Section: Previous Workmentioning
confidence: 99%
“…In [18], the lowest system costs for hydrogen production from biogas were found when the producers collaborated. Both [17] and [19] recommended collaboration between original equipment manufacturers, vehicle retailers and service and retrofit companies to be able to claim a larger share of the market and to be able to offer bundled services. Authors of [20] evaluated four different business models and partnerships to finance the extension of the hydrogen refuelling infrastructure in China and found the most feasible options to be public-private partnerships and a setup where a public instance builds the infrastructure and then allows a private actor operational concession, so called Transfer-operate-transfer.…”
Section: Previous Workmentioning
confidence: 99%
“…Often, production costs are in the center of these ones (e.g., [31][32][33][34][35][36][37]). Other target figures/indicators used are fuel cell system costs [38,39], costs of electricity or energy [40][41][42][43][44], total product unit costs [45], capital costs [46], costs for fuels [47], the net present value (NPV) [48,49], or ownership costs [50].…”
Section: Economic Focusmentioning
confidence: 99%
“…Nelson et al determine the economic performance of the fuel cell in the form of calculating an NPV and a benefit-to-cost ratio [40]. The NPV method is used by Reyes-Valenzuela and Jia et al as well [48,49]. A manufacturing cost model is used [31] as well as a bottom-up cost model in combination with the learning curve methodology [32].…”
Section: Economic Focusmentioning
confidence: 99%