Hydrogen-oxygen co-production plant in hospitals: Business model and economic analysis

The present work sets out a methodology for the evaluation of the application of a sustainable technology facility. The objective of this study is to assess the economic feasibility and organisational structure of a company using a business model structure. The Business Model Canvas (BMC) tool was used to analyse 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 considerimg 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.