Optimized H-2 fueling station arrangement model based on total cost of ownership (TCO) of fuel cell electric vehicle (FCEV)

Abstract

Environmental issue such as global warming caused serious natural disasters such as flood and drought due to CO2 emission. Global countries cooperate to address the global warming represented by Paris Agreement, which encouraged actions to restrict CO2 emission and global average temperature increase. H-2 has been received more attention than before due to its eco-friendly property. Fuel cell and fuel cell electric vehicle (FCEV) are the widely used H-2 application in terms of energy and transportation sector. However, most of the researches were carried out related to H-2 supply chain. In hence, in this study, economic analysis considering total cost of ownership (TCO) of FCEV was conducted and correlation between TCO and market share of FCEV was figured out by drawing a regression curve. Finally, an optimization model was developed to obtain the optimal H-2 fueling station arrangement model in case of 2022, 2030, and 2040 depending on learning rate (8, 13, and 18%). The $ 46,444.2 of TCO was computed considering three years of ownership length. In addition, 4.3, 31.7, and 94.0% of maker share in 2040 were reached in case of 8, 13, and 18% of learning rate, respectively. Finally, it was unveiled that H-2 fueling station is preferred to construct equally in nation and the construction region will be shifted to a higher population density region as time passed. (C) 2021 Hydrogen Energy Publications LLC. Published by Elsevier Ltd. All rights reserved.