Fig 1.
System configuration model.
Fig 2.
System management control strategy.
Table 1.
Classification of global constants and region-specific parameters used in the methodology.
Table 2.
Summary of cost assumptions applied in the general case study.
Table 3.
Summary of Impact of incentives on the LCOH and emissions in heavy industries.
Fig 3.
Optimal component sizes in the base case.
Fig 4.
Optimized hydrogen production system considering incentives.
Fig 5.
Effect of CAPEX incentives on LCOH and GHG emission intensity.
Fig 6.
Impact of CAPEX on LCOH for PEM electrolysis using PV and wind energy without incentives.
Fig 7.
Impact of CAPEX on LCOH for PEM electrolysis using PV and wind energy with incentives (70%).
Fig 8.
Effect of CAPEX variations on LCOH for PV-wind energy and PEM electrolysis with and without incentives.
Fig 9.
Impact of battery storage cost variations on hydrogen production economics.
Table 4.
Comparison of key performance parameters with similar studies in the literature.