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Economic evaluation of grid-connected fuel cell systems

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3 Author(s)
D. Nelson ; Montana State Univ., Bozeman, MT, USA ; M. H. Nehrir ; V. Gerez

An assessment of the economic benefits of using fuel cells is presented. A calculation of the cost of electricity generated from a fuel cell installation, and a determination of the amount of profit that might result from an installation is given. A break even and sensitivity analysis is also conducted to determine what goals need to be achieved to make fuel cells competitive with conventional power generation sources. The study was performed using a graphical user interface programmed in MATLAB.

Published in:

IEEE Power Engineering Society General Meeting, 2005

Date of Conference:

12-16 June 2005