Abstract
Methanol and ammonia are key energy carriers in a decarbonized society. This study assesses their use in power generation via two pathways: direct utilization as green fuels in fuel cells or as hydrogen carriers. Using these chemicals as hydrogen carriers achieves higher efficiencies (around 40%) due to the maturity of hydrogen fuel cells, resulting in electricity costs around 700 €/MWh compared to 1200 €/MWh for direct utilization. While hydrogen offers lower electricity production costs, efficiency advancements in methanol and ammonia fuel cells could enhance their competitiveness. Additionally, for scenarios involving transportation and power generation, methanol and ammonia prove economically viable, particularly for distances exceeding 3000 km. Consequently, both are crucial for addressing hydrogen-related challenges in the new renewable energy systems.