A TECHNO-ECONOMIC ANALYSIS OF PROTON EXCHANGE MEMBRANE FUEL CELL (PEMFC)
DOI:
https://doi.org/10.54554/jmet.2026.18.01.007Keywords:
PEMFC, Hydrogen fuel cells, Techno-economical AnalysisAbstract
This paper presents a comprehensive analysis of the techno-economic feasibility of Proton Exchange Membrane Fuel Cells (PEMFCs) as a sustainable power generation solution. The study focuses on performance evaluation and cost analysis to assess the viability of PEMFCs in comparison to conventional internal combustion engines. A detailed 3D model of the PEMFC, incorporating various functional regions, is developed and solved using the finite element method. Simulation results validate the model's accuracy, demonstrating a maximum power density of 0.69 W/m² and a peak power output of 21.74 W. The analysis indicates that thinner membranes and higher operating pressures significantly improve power generation performance. Furthermore, an economic feasibility model is established, accounting for capital equipment costs, total cost of ownership, and production volume. The cost analysis highlights the potential for significant cost reductions through economies of scale with increased production. Overall, the findings offer valuable insights into the performance, economic viability, and market potential of PEMFCs, supporting informed decision-making for their broader adoption in future sustainable energy systems.
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