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The Economics of Hydrogen Fuel Cell Buses

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  • COLIN J. COCKROFT
  • ANTHONY D. OWEN

Abstract

This paper presents the results of a cost‐effectiveness analysis comparing diesel, compressed natural gas and hydrogen fuel cell buses in the Perth bus fleet based on a well‐to‐wheels cost analysis of each technology. Despite its significant environmental benefits in operation, the high initial cost of the prototype hydrogen fuel cell bus means that it cannot compete financially with the fossil fuel technologies. Therefore, the study was undertaken assuming that the buses, including fuel cells, are produced under conditions of economies of scale and that a fully developed fuel infrastructure for the provision of hydrogen exists.

Suggested Citation

  • Colin J. Cockroft & Anthony D. Owen, 2007. "The Economics of Hydrogen Fuel Cell Buses," The Economic Record, The Economic Society of Australia, vol. 83(263), pages 359-370, December.
    • Handle: RePEc:bla:ecorec:v:83:y:2007:i:263:p:359-370
    DOI: 10.1111/j.1475-4932.2007.00426.x
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    References listed on IDEAS

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    Cited by:

    1. Feeney, Katie & Brass, Daniel & Kua, Dominic & Yamamoto, Atsushi & Tourneboeuf, Elisabeth & Adams, David, 2011. "Impact Of Electric Vehicles And Natural Gas Vehicles On The Energy Markets," MPRA Paper 58388, University Library of Munich, Germany.
    2. Guerrero Moreno, Nayibe & Cisneros Molina, Myriam & Gervasio, Dominic & Pérez Robles, Juan Francisco, 2015. "Approaches to polymer electrolyte membrane fuel cells (PEMFCs) and their cost," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 897-906.
    3. Ally, Jamie & Pryor, Trevor, 2016. "Life cycle costing of diesel, natural gas, hybrid and hydrogen fuel cell bus systems: An Australian case study," Energy Policy, Elsevier, vol. 94(C), pages 285-294.
    4. Delucchi, Mark A. & Jacobson, Mark Z., 2011. "Providing all global energy with wind, water, and solar power, Part II: Reliability, system and transmission costs, and policies," Energy Policy, Elsevier, vol. 39(3), pages 1170-1190, March.
    5. Li, Yanfei & Kimura, Shigeru, 2021. "Economic competitiveness and environmental implications of hydrogen energy and fuel cell electric vehicles in ASEAN countries: The current and future scenarios," Energy Policy, Elsevier, vol. 148(PB).

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