The scientific community knows that the economic competitive analyses, applied after proof-of-concept research and development, can provide critical guidance for the future of the scientific studies. For this reason, we always need some techno-economic analysis to see the big picture. For the hydrogen generation using solar energy, we already have some scientific reports in the literature comparing the hydrogen generation using different technologies. However, I want to learn what the hydrogen community think on this issue considering the realistic production and economic constraints?
For example; if we consider the current highest efficiency single junction silicon solar cell (26.33%), the maximum energy efficiency of electrolysis; Chemical Potential/Electrolysis Potential*PV Efficiency: 1.23/1.9*26.33=17.04%. Theoretically maximum efficiency regarding the Shockley-Queisser limit: 1.23/1.9*33=21.36%
For a direct conversion of the photoelectrochemical cell, what is the maximum solar-to-hydrogen efficiency both practically and theoretically? What is the state of the art maximum efficiency reported from experimental studies for unbiased conditions?
If we consider the practical maximum efficiency and economic constraints of two state of the art technology, which one has more potential in near future?