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LCOH Benchmark Report
for Hydrogen Projects

Scrutiny-grade cost benchmarks, sensitivity matrices, and investor-ready assumptions for hydrogen project teams working through feasibility and internal investment decisions.

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What this benchmark is for

This report is built for early commercial screening. It helps teams sense-check whether a hydrogen project is in the right cost region before they spend time on deeper engineering, procurement, or financing work.

The benchmark uses a consistent set of market assumptions, cost ranges, and sensitivity logic so you can compare scenarios on the same basis. It is not a substitute for project-specific vendor pricing, dispatch modelling, or a lender-grade financial model.

Want to inspect the live calculator logic as well? Use the LCOH calculator methodology section for the on-page assumptions summary.

What's inside

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Scale-adjusted benchmarks

CAPEX and OPEX reference ranges calibrated by project scale — from 1 MW to 100 MW+.

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Sensitivity matrices

Ready-to-use tables showing how LCOH moves with electrolyser cost, capacity factor, and power price.

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Investor-ready assumptions

Financing heuristics and validation checks aligned with lender and offtaker scrutiny.

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Procurement watchpoints

The cost line items most teams underestimate at feasibility — stack replacement, BOP, permitting.

Want to run your own numbers? Try the free LCOH Calculator for a live project screen.