Table 4. Electricity cost and hydrogen production cost of AKL, PEM, and SOEC under energy mix scenario

(a) Nuclear and renewable mixing ratio to reach the threshold
Type of electrolyzer Mixing ratio System power consumption (kWh/kgH2) Electricity cost (₩/kWh) Production cost (₩/kg) Target cost (₩/kg)
Nuclear Renewable
AKL 53.85 % 46.15 % 64.20 105.68 6,785 (+27.2%) 5,333
PEM 56.04 % 43.96 % 66.85 105.13 7,028 (+31.8%) 5,333
(b) 100 % nuclear
Type of electrolyzer Mixing ratio System power consumption (kWh/kgH2) Electricity cost (₩/kWh) Production cost (₩/kg) Target cost (₩/kg)
Nuclear Renewable
AKL 100 % - 64.20 94.10 6,041 (+13.3%) 5,333
PEM 100 % - 66.85 94.10 6,291 (+18.0%) 5,333
(c) 100 % renewable
Type of electrolyzer Mixing ratio System power consumption (kWh/kgH2) Electricity cost (₩/kWh) Production cost (₩/kg) Target cost (₩/kg)
Nuclear Renewable
AKL - 100 % 64.20 119.20 7,653 (+43.5%) 5,333
PEM - 100 % 66.85 119.20 7,969 (+49.4%) 5,333
Production cost is the hydrogen price calculated by considering only electricity costs, without taking into account CapEx and OPEX.