Hydrogen, the deemed future transportation fuel can be produced from nuclear assisted energy sources. Assessment of economics of hydrogen production using energy from nuclear power plants is vital for asserting its competitiveness with competing technologies. A generic method is presented in this paper to evaluate Levelised Hydrogen Generation Cost, based on the discounted cash flow analysis. The method is illustrated by consideration of a typical case of hydrogen production via conventional electrolysis using electrical energy supplied from a pressure tube type boiling light water cooled heavy water moderated reactor concept. (C) 2017 Hydrogen Energy Publications LLC. Published by Elsevier Ltd. All rights reserved.