Life cycle cost (LCC) analysis: Hydrogen as an alternative fuel for internal combustion engine (H 2ICE)

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Estimate the Life cycle cost (LCC) for the internal combustion engine (H 2ICE) that use hydrogen as an alternative is to forecast a financial investment plan for a period of in years (n) and are influenced by interest rates (i). Affect of Annual Operating Cost and salvage value in the plan LCC for H2ICE much to give the impact on the cost of investment and economic growth in the long term plan. The operation of H 2ICE at the first year will be increased by + 22%, the reason is due to the cost of equipment purchases, maintenance and purchase of new components. The percentage of operation cost for the next year for Present worth (PW) dropped to 0.36% in the fourth year (n = 4) within interest rates of 10%. Return on initial investment in capital-First cost (FC) to occur at the beginning of the fifth year (n = 5) H2ICE operations, and for the next five years the cost of savings become more profitable with reaching -37% reduction in cost compared to fuel consumption conventional.

Original languageEnglish
Title of host publicationRecent Researches in Geography, Geology, Energy, Environment and Biomedicine - Proc. of the 4th WSEAS Int. Conf. on EMESEG'11, 2nd Int. Conf. on WORLD-GEO'11, 5th Int. Conf. on EDEB'11
Pages125-128
Number of pages4
Publication statusPublished - 2011
Event4th WSEAS International Conference on Engineering Mechanics, Structures, Engineering Geology, EMESEG'11, 2nd International Conference on Geography and Geology 2011, WORLD-GEO'11, 5th International Conference on EDEB'11 - Corfu Island
Duration: 14 Jul 201116 Jul 2011

Other

Other4th WSEAS International Conference on Engineering Mechanics, Structures, Engineering Geology, EMESEG'11, 2nd International Conference on Geography and Geology 2011, WORLD-GEO'11, 5th International Conference on EDEB'11
CityCorfu Island
Period14/7/1116/7/11

Fingerprint

alternative fuel
cost analysis
Alternative fuels
Internal combustion engines
life cycle
Life cycle
hydrogen
Hydrogen
costs
cost
Costs
interest rate
purchase
financial investment
Salvaging
combustion engine
operating costs
Operating costs
Fuel consumption
fuel consumption

Keywords

  • Alternative fuel
  • Engineering economic
  • Hydrogen
  • Internal combustion engine
  • Life cycle cost (LCC)

ASJC Scopus subject areas

  • Geology
  • Energy Engineering and Power Technology
  • Biomedical Engineering
  • Geography, Planning and Development

Cite this

Hj Razali, H., Ali, B., Mat, S., Zaharim, A., & Sopian, K. (2011). Life cycle cost (LCC) analysis: Hydrogen as an alternative fuel for internal combustion engine (H 2ICE). In Recent Researches in Geography, Geology, Energy, Environment and Biomedicine - Proc. of the 4th WSEAS Int. Conf. on EMESEG'11, 2nd Int. Conf. on WORLD-GEO'11, 5th Int. Conf. on EDEB'11 (pp. 125-128)

Life cycle cost (LCC) analysis : Hydrogen as an alternative fuel for internal combustion engine (H 2ICE). / Hj Razali, Halim; Ali, B.; Mat, Sohif; Zaharim, Azami; Sopian, Kamaruzzaman.

Recent Researches in Geography, Geology, Energy, Environment and Biomedicine - Proc. of the 4th WSEAS Int. Conf. on EMESEG'11, 2nd Int. Conf. on WORLD-GEO'11, 5th Int. Conf. on EDEB'11. 2011. p. 125-128.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Hj Razali, H, Ali, B, Mat, S, Zaharim, A & Sopian, K 2011, Life cycle cost (LCC) analysis: Hydrogen as an alternative fuel for internal combustion engine (H 2ICE). in Recent Researches in Geography, Geology, Energy, Environment and Biomedicine - Proc. of the 4th WSEAS Int. Conf. on EMESEG'11, 2nd Int. Conf. on WORLD-GEO'11, 5th Int. Conf. on EDEB'11. pp. 125-128, 4th WSEAS International Conference on Engineering Mechanics, Structures, Engineering Geology, EMESEG'11, 2nd International Conference on Geography and Geology 2011, WORLD-GEO'11, 5th International Conference on EDEB'11, Corfu Island, 14/7/11.
Hj Razali H, Ali B, Mat S, Zaharim A, Sopian K. Life cycle cost (LCC) analysis: Hydrogen as an alternative fuel for internal combustion engine (H 2ICE). In Recent Researches in Geography, Geology, Energy, Environment and Biomedicine - Proc. of the 4th WSEAS Int. Conf. on EMESEG'11, 2nd Int. Conf. on WORLD-GEO'11, 5th Int. Conf. on EDEB'11. 2011. p. 125-128
Hj Razali, Halim ; Ali, B. ; Mat, Sohif ; Zaharim, Azami ; Sopian, Kamaruzzaman. / Life cycle cost (LCC) analysis : Hydrogen as an alternative fuel for internal combustion engine (H 2ICE). Recent Researches in Geography, Geology, Energy, Environment and Biomedicine - Proc. of the 4th WSEAS Int. Conf. on EMESEG'11, 2nd Int. Conf. on WORLD-GEO'11, 5th Int. Conf. on EDEB'11. 2011. pp. 125-128
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abstract = "Estimate the Life cycle cost (LCC) for the internal combustion engine (H 2ICE) that use hydrogen as an alternative is to forecast a financial investment plan for a period of in years (n) and are influenced by interest rates (i). Affect of Annual Operating Cost and salvage value in the plan LCC for H2ICE much to give the impact on the cost of investment and economic growth in the long term plan. The operation of H 2ICE at the first year will be increased by + 22{\%}, the reason is due to the cost of equipment purchases, maintenance and purchase of new components. The percentage of operation cost for the next year for Present worth (PW) dropped to 0.36{\%} in the fourth year (n = 4) within interest rates of 10{\%}. Return on initial investment in capital-First cost (FC) to occur at the beginning of the fifth year (n = 5) H2ICE operations, and for the next five years the cost of savings become more profitable with reaching -37{\%} reduction in cost compared to fuel consumption conventional.",
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