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

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

• Periodical: Applied Mechanics and Materials (Volume 315)
• Pages: 423-427
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.315.423
• Online since: April 2013
• Authors: Halim Razali, Kamaruzzaman Sopian, Ali Sohif Mat
• Keywords: Alternative Fuel, Engineering Economic, Gasoline, Hydrogen, Internal Combustion Engine (ICE), Life Cycle Cost (LCC), Specific Fuel Consumption

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