Economic Feasibility of Green Hydrogen Technology in Nepal
Date
2023-12
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
I.O.E. Pulchowk Campus
Abstract
Hydrogen is being produced in some serious quantities over the years. Hydrogen is
being used in diversified field. Its use varies from industrial feedstock, heat generation,
transport and mobility to the various sectors. Green hydrogen, hydrogen produced from
the electrolysis constitute a very small portion in it. This method of hydrogen
production if applied, helps to reduce the carbon footprints by great amount. Nepal is
expected to have about 8 GW electricity generation by the Year 2030. We should keep
our focus on exploring the use of surplus electricity to make the various hydropower
projects economically and financially viable. Hence, this paper gives the possible
prospects of green hydrogen production and shows its feasibility in the context of
Nepal. Preliminary study shows that if we are to produce green hydrogen from the
excess electricity that we are exporting, we need 116 MW hydrogen plant. This plant
will produce 27,231,870 kg of hydrogen per year. Detailed study shows that hydrogen
plant will have mean breakeven point of 10,566 tonnes of hydrogen and mean benefit
cost ratio of 3.54 which suggests that the project is economically viable. The green
hydrogen plant constructed is projected to reduce carbon footprints by 254,000,000 kg
under its operation. Further, the research and development in electrolyzer is bound to
decrease the capital and operating costs of the electrolyzer which will eventually
Description
Hydrogen is being produced in some serious quantities over the years. Hydrogen is
being used in diversified field. Its use varies from industrial feedstock, heat generation,
transport and mobility to the various sectors. Green hydrogen, hydrogen produced from
the electrolysis constitute a very small portion in it
Keywords
Hydrogen,, Greenhouse,, decarbonization,