Hydrogen as an Alternative: Life Cycle Cost Analysis between Hydrogen Internal Combustion Engine (Al+Hci) and Gasoline Engine Based on Brake Specific Fuel Consumption Academic Article uri icon

abstract

  • Estimation of the life cycle cost (LCC) for a hydrogen internal combustion engine (H2ICE) that uses hydrogen as an alternative fuel by forecasting a financial investment plan for a period of five years (n = 5). This is influenced by the interest rate of 10% (i = 10). The effect of Annual Operating Cost and salvage value in the LCC for H2ICE would give impact on the cost of investment and economic growth in the long term. The result shows the brake specific fuel consumption to achieve 14% savings for grams per kilowatt hour for the engine (G + H2) compared to the engine (G). The operation of H2ICE in the first year would be increased by 22%, the reason is due to the cost of equipment, maintenance and purchase of new components. However, the percentage of operation cost for the following five to ten year of Present worth (PW) is reduced to 0.36% in the fourth year (n = 4) within the interest rate of 10%. The return of initial investment in the capital-first cost (FC) is to occur at the beginning of the fifth year (n = 5) of H2ICE operations. The cost of savings for the next five years would become more profitable reaching 37% reduction in cost compared to conventional fuel consumption

publication date

  • 2013

number of pages

  • 4

start page

  • 423

end page

  • 427

volume

  • 315