IECM 14.0 beta User Manual > Modules Included with the IECM > Low-Carbon Hydrogen Production & Transport > GET RESULTS > Overall Plant >

Cost of CO2 Avoided

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The Cost of CO2 Avoided result screen displays a single-table showing the CO2 avoidance costs of the hydrogen production plant as a whole:

•CO2 Emission Rates

•This Plant: This is the amount of CO2 vented to the air for every kilogram of hydrogen produced in this plant, which uses CO2 Capture Technology.

•Reference plant: This is the amount of CO2 vented to the air for every kilogram of hydrogen produced in an equivalent plant with no CO2 Capture Technology.

•Levelized Cost of Hydrogen Production

•This Plant: This is the levelized cost of hydrogen production in this plant, which uses CO2 Capture Technology.

•Reference Plant: This is the levelized cost of hydrogen production in an equivalent plant with no CO2 Capture Technology.

•Cost of CO2 Avoided

•Without Tax credit: This is an economic indicator widely used in the field, calculated as the difference between the cost of hydrogen production in the capture plant and the reference plant, divided by the difference between the CO2 emissions in the reference plant and the capture plant.

•With Tax Credit: This is an economic indicator widely used in the field, calculated as the difference between the hydrogen production cost of the capture plant (after accounting for total tax credits) and that of the reference plant, divided by the difference between the CO2 emissions in the reference plant and the capture plant.