Progress Update of Task 10.2: Life Cycle Cost Analysis of LH2CRAFT Solutions

Task 10.2, led by TWI focuses on evaluating the performance of the LH2CRAFT solutions from a cost-effectiveness perspective, encompassing a comprehensive life cycle cost analysis. This evaluation includes every phase of the innovative system’s life cycle—design, manufacturing, operation and maintenance (O&M), and end-of-life treatment. The goal is to provide a detailed understanding of the economic viability and long-term sustainability of the LH2CRAFT solutions.

To initiate this critical assessment, a structured work breakdown framework has been developed, forming the foundation for a systematic and thorough analysis. Based on this framework, the data collection phase has commenced, leveraging a diverse range of sources. These include academic literature, established external databases, and project-specific data generated during the development of LH2CRAFT technologies.

As the task progresses, the focus will shift towards building a comprehensive inventory derived from the collected data. This inventory will serve as the cornerstone for the cost analysis, enabling detailed insights into the financial implications of implementing the LH2CRAFT solutions.

In the upcoming stages, the core activities will include the continued collection, processing, and analysis of data. These efforts will not only support the accurate evaluation of life cycle costs but also guide strategic decision-making to enhance the cost-effectiveness and scalability of hydrogen-based maritime solutions. This task is instrumental in ensuring that the innovative systems designed under the LH2CRAFT project deliver both technological excellence and economic sustainability.

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