31 Mar 2021 | 21:49 UTC — New York

Platts launches new suite of UK hydrogen assessments

Building on its suite of market-first hydrogen production cost prices, S&P Global Platts has launched the first hydrogen price valuations for the UK, effective April 1, 2021.

The prices expand upon Platts market-leading offering of hydrogen price valuations for Europe, North America and Asia, and come in response to the significant investment observed in UK hydrogen infrastructure.

Platts will consider the daily cost of hydrogen production via three pathways: Autothermal reforming with carbon capture (ATR w CCS), proton exchange membrane (PEM) electrolysis and alkaline electrolysis.

The UK hydrogen assessments will consider the feedstock costs alone, as well as a second set of assessments that will include assumptions for capital expenses (Capex). Prices will be published in GBP/kg and GBP/KWh.

The UK production pathways and their respective symbols are as follows:

Hydrogen UK ATR w CCS (GBP/Kg) HYUKA00

Hydrogen UK ATR w CCS (Incl. Capex) (GBP/Kg) HYUKB00

Hydrogen UK ATR w CCS (GBP/KWh) HYUKC00

Hydrogen UK ATR w CCS (Incl. Capex) (GBP/KWh) HYUKD00

Hydrogen UK PEM Electrolysis (GBP/Kg) HYUKE00

Hydrogen UK PEM Electrolysis (incl Capex) (GBP/Kg) HYUKF00

Hydrogen UK PEM Electrolysis (GBP/KWh) HYUKG00

Hydrogen UK PEM Electrolysis (incl Capex) (GBP/KWh) HYUKH00

Hydrogen UK Alkaline Electrolysis (GBP/Kg) HYUKI00

Hydrogen UK Alkaline Electrolysis (incl Capex) (GBP/Kg) HYUKJ00

Hydrogen UK Alkaline Electrolysis (GBP/KWh) HYUKK00

Hydrogen UK Alkaline Electrolysis (incl Capex) (GBP/KWh) HYUKL00

Please send any 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.