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Hydrogen, a crucial clean and renewable energy source, addresses pressing challenges of energy security and environmental pollution. Water electrolysis for hydrogen production is a promising approach to satisfy the growing demand for sustainable energy. This study uniquely performs a comprehensive techno-economic analysis of hydrogen production using both Alkaline and Proton Exchange Membrane (PEM) electrolyzers, a first in the field to evaluate their performance comprehensively with advanced Multi-Criteria Decision-Making (MCDM) techniques. Leveraging TOPSIS, WASPAS interval methods, and the Best Worst Method (BWM) with fuzzy logic, this research introduces a novel evaluation framework that incorporates a wide-ranging set of factors, including environmental, technical, technological, economic, and social aspects, divided into 30 sub-criteria. These insights offer a comprehensive understanding of each electrolyser's strengths and weaknesses, helping stakeholders make informed decisions about cost reduction in hydrogen production technologies. This has not been done before. Although cost results favour Alkaline electrolysers, PEM electrolysers are attractive for specific applications where their benefits justify the higher initial cost, choosing between Alkaline and PEM electrolysers dependent on a given hydrogen production project's requirements.
Shanian et al. (Tue,) studied this question.