This report provides an overview of the current state of
electrolytic hydrogen production techonologies and an economic
analysis of the processes and systems available as of December
2003. The operating specifications of commercially available
electrolyzers from five manufacturers, i.e., Stuart, Teledyne,
Proton, Norsk Hydro, and Avalence, are summarized. Detailed
economic analyses of three systems for which cost and economic data
were available were completed. The contributions of the cost of
electricity, system efficiency, and capital costs to the total cost
of electrolysis are discussed.
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