Managing Energy Transition Through Green Hydrogen Technology: A Techno-Economic and Operational Analysis from PT. XYZ

Green Hydrogen Plant Solar Photovoltaic Renewable Energy Certificate Net Zero Emission Techno-Economics

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February 22, 2025

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PT XYZ increases its contribution to reducing carbon dioxide (CO?) emissions through the installation and operation of a Green Hydrogen Plant (GHP) supported by Solar Photovoltaic (PV) and Renewable Energy Certificates (REC). The primary focus of this study is on the integration of renewable technologies, economic impacts, and contributions to carbon emission reductions, all of which support the clean energy transition and the achievement of Net Zero Emission goals. The research methods include Levelized Cost of Energy (LCOE) and Levelized Cost of Hydrogen (LCOH) analysis, along with an evaluation of carbon emission reductions based on the GHG Protocol. The results show that the implementation of this strategy leads to a 1.53% improvement in internal energy consumption efficiency and a decrease in average internal energy consumption to 2.68% in 2024, compared to the baseline of 3.5%. From an environmental perspective, carbon emission reductions reach 2,282.28 tons CO?e per year. Economically, the LCOE and LCOH analyses demonstrate the cost feasibility and operational efficiency of integrating this green technology. The conclusion of this study confirms that the integration of renewable energy through Solar PV and REC with Green Hydrogen Plant (GHP) has a positive impact on energy efficiency, carbon emission reduction, and the transition towards the company's Net Zero Emission target by 2030.