Research Article

Machine Learning-Based Approach for Hydrogen Economic Evaluation of Small Modular Reactors

Table 2

Input parameters for hydrogen economic evaluation [22, 23].

Plant typeSMARTNPM

Financial parameters
Discount rate (%)3 or 53 or 5
Inflation rate (%)1 or 31 or 3
Borrowing interest (%)5 or 105 or 10
Tax rate (%)5 or 105 or 10
Depreciation period (years)20 or 4020 or 40
Equity (%)30 or 50 or 7030 or 50 or 70
Debt (%)30 or 50 or 7030 or 50 or 70

NPP parameters
Thermal rating (MWth/unit)330200
Heat for hydrogen plant (MWth/unit)165 or 330100 or 200
Electricity rating (MWe/unit)0 or 1650 or 100
Number of units1 or 21 or 2
Initial fuel load (kg/unit)152639250
Annual fuel feed (kg/unit)1695.891541.6
Overnight capital cost (USD/unit)2.52 × 1081.53 × 108
Capital cost fraction for electricity-generating infrastructure0 or 250 or 25
Fuel cost (USD/kg)19581958
Operations and maintenance cost (% of capital cost)2 or 42 or 4
Decommissioning cost (% of capital cost)10 or 2010 or 20

Hydrogen generation plant parameters
Heat generation per unit (kg/year)2.90 × 1071.80 × 107
Heat consumption (MWth/unit)165 or 330100 or 200
Electricity required (MWe/unit)00
Number of units11
Overnight capital cost (USD/unit)1.94 × 1081.18 × 108
Energy usage cost (USD)00
Operations and maintenance cost (% of capital cost)2 or 42 or 4
Decommissioning cost (% of capital cost)10 or 2010 or 20

Hydrogen storage
Storage capacity (kg)5.56 × 1053.45 × 105
Compressor cooling water (L/hr)1.72 × 1051.07 × 105
Electricity required (kWe)7.58 × 1054.70 × 105
Overnight capital cost (USD)8.16 × 1075.58 × 107
Compressor operating cost (USD)3.98 × 1062.47 × 106
Operations and maintenance cost (% of capital cost)2 or 42 or 4
Decommissioning cost (% of capital cost)10 or 2010 or 20

Hydrogen transport
Distance for transport (km)200200
Overnight capital cost (USD)1.07 × 1089.19 × 107
Electricity charges (USD)2.77 × 1061.72 × 106
Operations and maintenance cost (% of capital cost)2 or 42 or 4
Decommissioning cost (% of capital cost)10 or 2010 or 20

Chronological details
Construction years3 or 53 or 5
Operating years40 or 6040 or 60