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700 bar Type IV H2 Pressure Vessel Cost Projections - Energy

700 bar Type IV H2 Pressure Vessel Cost ProjectionsBrian D. James and Cassidy HouchinsDepartment of Energy Physical-Based Hydrogen storage Workshop:Identifying Potential Pathways for Lower Cost 700 Bar storage Vessels24 August 2016 USCAR, Southfield, MIOutline System design Cost analysis methodology Cost Projections Key opportunities for cost reduction Recent focus areas Composites BOP Winding time2 Overview assumptions & results of latest cost analyses Categorize potential pathways for cost reduction Provide framework and reference base for workshop discussionsObjectiveSystem Diagram System cost based on a single tank configuration Balance of tank includes.

capital recovery factor based on: • Equipment Life • Interest Rate • Corporate Tax Rate Annual Capital Repayment + Annual Operating Payments = Machine Rate ($/min) 4 Production Volume Range of Analysis: 10,000 to 500,000 H 2 storage systems per year. 5 Manufacturing Flow Diagram 700 bar, Type IV Pressure Vessel Systems *Black indicates ...

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