As a versatile energy source, green hydrogen can make a significant contribution to climate protection, be it in sectors such as the steel, chemical or transportation industries, but also in the energy industry itself. The auditing and consulting firm PwC Germany (PwC) has therefore developed a hydrogen calculator that analyzes the economic viability of hydrogen projects.
Using the online tool, companies can easily calculate their hydrogen requirements, the associated electricity consumption and the costs - and thus obtain an initial assessment of whether an investment in hydrogen is worthwhile for them and at what point of use. The calculation is based on comprehensive PwC data on specific consumption, efficiency levels and cost trends.
The interface of PwC's H2 calculator is intuitive to use and clearly laid out. After just a few entries, including the planned application, the production period, the electricity costs or theCO2 price, users receive an overview of the amount of hydrogen required and the associated costs. The tool visualizes the result, including the marketing of by-products and subsidies, using an easy-to-understand diagram.
The "break-even point" of hydrogen is also shown - i.e. the point at which the costs are equal to the revenue. The result can be compared with the respective reference technology, for example a diesel bus or blast furnace.
