Driving the Green Energy Revolution: Techno-Economic Insights into Hydrogen Production Feasibility and Profitability

This study investigates ways to enhance green hydrogen production, emphasizing the importance of affordability and profitability in these systems. Green hydrogen, made using renewable energy, is essential for cutting emissions in industries that consume much energy. The research seeks to design cost-effective systems by striking a balance between technical performance and long-term financial sustainability. It takes into account things like initial investments, operational costs, revenue from hydrogen sales, and the value of contributing to the power grid. By using a techno-economic model, the study calculates profitability through net present value (NPV) and examines how changing energy prices, discount rates, and component costs impact financial outcomes. The key takeaway is that achieving efficient, scalable systems and thoughtful financial planning is crucial. The results offer actionable advice for policymakers, investors, and industry leaders to help support green hydrogen projects that are both economically viable and contribute to the global shift toward clean energy.