Supply costs of green chemical energy carriers at the European border: A meta-analysis

Importing green chemical energy carriers is crucial for meeting European climate targets. However, estimating the costs of supplying these energy carriers to Europe remains challenging, leading to a wide range of reported supply-cost estimates. This study analyzes the estimated supply costs of green chemical energy carriers at the European border using a dataset of 1050 data points from 30 studies. The results reveal significant variations in supply costs, with a projected four-fold difference in 2030 and a five-fold difference in 2050 across all energy carriers. The main drivers of cost differences are varying production costs, particularly influenced by the weighted average costs of capital and capital expenditures of renewable energy sources, electrolyzers, and carrier-specific conversion processes. Transport costs also contribute to variations, mainly influenced by the choice of energy carrier and the weighted average costs of capital. To optimize cost-efficiency and sustainability in the chemical energy carrier sector, this paper recommends prioritizing transparency and sensitivity analyses of key input parameters, classifying energy carriers based on technological and economic status, and encouraging research and development to reduce production costs.(c) 2023 The Author(s). Published by Elsevier Ltd on behalf of Hydrogen Energy Publications LLC. This is an open access article under the CC BY license (http://creativecommons.org/ licenses/by/4.0/).