Welcome to HyFive – Your Hydrogen Financial Evaluation Tool

HyFive is designed to streamline and enhance the initial screening and site valuation processes for geological storage of hydrogen. Developed with support of GeoH2, a leading research consortium focused on geological storage solutions and hydrogen value chain analysis, this tool brings cutting-edge technology and insightful data analysis to your fingertips.

Our mission is to provide robust and accessible tools to facilitate the evaluation and development of hydrogen storage projects, contributing to a sustainable energy future.

HyFive 2.0 Launch (August 6, 2025)

We are pleased to announce the release of HyFive 2.0, an advanced, research-rooted screening and valuation tool developed by the GeoH2 team at UT Austin's Bureau of Economic Geology. This upgrade reflects your feedback and our continued effort to bridge geoscience, engineering, and economics in hydrogen storage evaluation.

What's New in HyFive 2.0?

Screening Tool Enhancements:

  • Updated GIS data (the latest EIA power plant data (2024))
  • Layers include: Wind, Solar, NG, H2 Plants, Cement, Steel, Refueling, Salt Domes, Depleted Reservoirs
  • Customizable market and geology preferences
  • Export top-ranked locations as CSV or Excel
  • Interactive results map

Cost & Valuation Tools Enhancements:

  • Developed an integrated CAPEX modeling framework for drilling, pipelines, compression, and site development
  • Expanded financial capabilities to include NPV, IRR, and break-even price analysis, enabling robust levelized cost assessments
  • Newly added support for Variable OPEX (VarOPEX) alongside CAPEX to capture ongoing operational costs
  • Incorporated sensitivity analysis of levelized cost to evaluate commercial viability under uncertainty and parameter variability.

Tool Features

Screening Tool

Utilizing multiple layers of GIS information, the Screening Tool provides a comprehensive reference framework to assess the commercial viability of a potential hydrogen market. This tool helps identify and evaluate the key drivers that can impact the feasibility of hydrogen-related projects.

Cost Tool

The Cost Tool offers high-level cost estimations based on fundamental site parameters. By inputting initial data, stakeholders can receive immediate cost projections, aiding in the preliminary assessment and planning phases of project development.

Future Developments

HyFive is committed to continuous improvement based on user feedback and industry advancements. Future updates will expand the tool’s capabilities and refine existing features better to serve the evolving needs of the hydrogen storage industry.

Get Started

Explore HyFive today and take the first step towards optimizing your hydrogen storage projects. Our intuitive interface and comprehensive tools are designed to assist you in making informed decisions swiftly and efficiently.

If you have any questions, please contact us at HydrogenResearch@beg.utexas.edu.