This study reassess safety margin of the current Peak Cladding Temperature (PCT) limit of dry storage in terms of hydrogen migration by predicting axial hydrogen diffusion throughout dry storage with respect to wet storage time and average burnup. Applying the hydride nucleation, growth, and dissolution model, an axial finite difference method code for thermal diffusion of hydrogen in zirconium alloy was developed and validated against past experiments. The developed model has been implemented in GIFT – a nuclear fuel analysis code developed by Seoul National University. Various discharge burnups and wet storage time relevant to spent fuel characteristics of Korea were simulated. The result shows that that the amount of hydrogen migrated towards the axial end during dry storage for reference PWR spent fuel is limited to ~50 wppm. This result demonstrates that the current PCT margin is sufficient in terms of hydrogen migration.