A cargo containment system must be economically viable as well as technically sound. In Task 10.2 – Life Cycle Cost Analysis of Solutions, led by TWI, LH₂CRAFT is developing a model to assess the long-term costs of its liquid hydrogen cargo containment system.
The model covers initial investment, routine operation and maintenance, boil-off-gas management, major refurbishment and end-of-life activities. It uses a 25-year economic lifetime to examine how both equipment and energy use affect overall costs.
The team has established an early benchmark using publicly available literature and common industry assumptions. This initial work highlights the potential importance of boil-off management: its energy requirements could represent a meaningful share of life-cycle costs.
As project-specific technical and operational data become available, the team will use them to refine the model and review remaining uncertainties with subject-matter experts.
The resulting analysis will help the consortium compare its cargo containment design with the early benchmark and assess its cost-effectiveness, scalability and potential for future deployment.
