On median, we estimated the FCEV TCO to be $0.42/mile in 2017, $0.33/mile in 2020, $0.19/mile in 2035, and $0.18/mile in 2050 (Figure 1). Our 2017 and 2020 estimates ranged widely. Our 2017 estimates ranged from $0.40 to $0.75/mile and 2020 estimates ranged from $0.31 to $0.51/mile. By 2035, FCEVs could be competitive with ICEVs, BEVs, HEVs, and PHEVs, as long as the PEMFC stack lasts sufficiently long. If the FCEV’s lifetime falls below 11 yrs, FCEVs could become more expensive than competing vehicles. At about 11 yrs, the FCEV’s TCO exceeds that of the BEV. If stack durability remains a challenge, replacing the stack could be economical. Achieving a hydrogen fuel cost below $4/kg H2 and hydrogen system cost below $390/kg H2 could further improve FCEVs’ competitiveness.
References
[1] Whiston, M. M., Azevedo, I., Litster, S., Whitefoot, K. S., Samaras, C., and Whitacre, J. F. “Expert Assessments of the Cost and Expected Future Performance of Proton Exchange Membrane Fuel Cells for Vehicles.” Proceedings of the National Academy of Sciences of the United State of America. Manuscript submitted.
[2] Nguyen, T. and Ward, J. “Life-Cycle Cost of Mid-Size Light-Duty Vehicles.” Record No. 16009. U.S. DOE, Washington, D. C.
[3] U.S. DOE. “Multi-Year Research, Development, and Demonstration Plan.” U.S. DOE, Washington, D. C. Accessed April 3, 2018. Available at https://www.energy.gov/eere/fuelcells/downloads/fuel-cell-technologies-office-multi-year-research-development-and-22