Economic and business model analysis for hydrogen-oxygen co-production in hospitals

This article presents a methodology for evaluating the application of a sustainable technology facility. The aim of the article is to assess the economic feasibility and business organization by applying a business model. The Business Model Canvas tool was used to analyze the new activity of a hospital using a Renewable Energy Sources-based water electrolysis plant for oxygen production in hospitals to self-produce the amount of oxygen they need and sell the surplus. The size of the hospital is around 350 beds, the plant's size is able to cover a consumption of oxygen equivalent to a 500-bed hospital. By considering a selling/market price of H2 and O2 of 3 €/kg, the results show the economic feasibility and what changes the hospital needs to gain a competitive advantage by using the green hydrogen and oxygen production system.