What electricity price would make electrofuels cost-competitive?
Paper in proceedings, 2018
Electrofuels are fuels produced from water and carbon dioxide, using electricity as the major source of energy. The aim of this study is to calculate the production cost of electro-hydrogen and electro-methanol and find what electricity price would make these fuels cost-competitive to fossil alternatives. Assuming input data of today, we find that electro-hydrogen may be competitive if electricity prices are between 10-20 €/MWh whereas no electricity price would lead to competitive electro-methanol. Both electrofuels, could under a combination of beneficial circumstances, be competitive to fossil alternatives.