Levelised Cost of Hydrogen or Ammonia (LCOX) refers to the calculated cost of producing hydrogen or ammonia from a specific project. It represents the realised price needed to achieve a target rate of return over the project’s lifetime. Essentially, LCOX serves as a breakeven price, helping to assess project feasibility and compare costs across technologies or regions.
What is Levelised Cost of Hydrogen / Ammonia (LCOX)?
Understanding the breakeven cost metric used in hydrogen and ammonia project evaluations.
Written by Bhavya Moudgil
Updated over 10 months ago