Fertilizers, Chemicals, Energy Transition, Renewables, Hydrogen

March 18, 2024

Platts launches new European Renewable PPA Derived Hydrogen prices

Platts, part of S&P Global Commodity Insights, has launched a new set of Renewable Power Purchase Agreement (PPA) Derived Hydrogen prices for France, Germany, the Netherlands and Spain, effective March 18.

In the absence of market-based information Platts will utilize a model-based cost of production plus a premium, to reflect market value.

However, market information such as bids, offers, trades and indications will take precedence for assessments.

Incorporating Power Purchase Agreements will more closely align the prices listed below with EU regulations references to power sources used in the production of low carbon hydrogen as set out in the EU Delegated Act. Renewable-derived hydrogen is often referred to as "green" hydrogen.

The new assessments are published in following units: Eur/kg, Eur/kWh, US$/kg and US$/MMBtu.

They appear on Platts Connect and Platts Hydrogen Daily, complementing Platts existing suite of cost valuations.

Please refer to the hydrogen methodology guide for more details on existing hydrogen assessments: Methodology and Specifications Guide Global Hydrogen and Ammonia | S&P Global Commodity Insights (spglobal.com)

Platts has launched these assessments for hydrogen produced from alkaline electrolysis, incorporating the cost of renewable PPAs, against the following symbols:

Units
Country Eur/kg $/kg Eur/KWh $/MMBtu
Spain alkaline SARHE00 SARDH00 SAPDH00 SARPD00
France alkaline FARHE00 FARDH00 FAPDH00 FARPD00
Germany alkaline GARHE00 GARDH00 GAPDH00 GARPD00
Netherlands alkaline NARHE00 NARDH00 NAPDH00 NARPD00

Please address any questions or comments to hydrogenassessments@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.