Maximizing Economic Potential with Nuclear Integrated Hydrogen Production Analysis (NIHPA)Tool
The Nuclear Integrated Hydrogen Production Analysis Tool empowers utility companies to evaluate and capitalize on the economic potential of integrating hydrogen production with nuclear power plants.
Nuclear integrated Hydrogen Production Analysis (NIHPA) tool is an Excel-based time-independent discount cash flow calculator for hydrogen production by integrating light water reactors with high temperature steam electrolysis (LWR-HTSE) or low temperature electrolysis (LWR-LTE).
The tool incorporates (1) discounted cash flow and levelized cost of hydrogen (LCOH) analysis, (2) sensitivity analysis with respect to select financial performance metrics with output ‘tornado’ charts, (3) profitability analysis represented by heat maps using the two most sensitive parameters, (4) electricity versus hydrogen production preference analysis by comparing change in net present value (∆NPV) between LWR-HTSE (or LWR-LTE) and business-as-usual electricity production to the grid, and (5) competitiveness analysis by comparing the calculated LCOH for LWR-HTSE (or LWR-LTE) with that of steam methane reforming, which is the conventional process to produce hydrogen.
This software is open source and available at no cost. Download now by visiting the product's GitHub page.