Platts proposes UK SMR, Dutch ATR hydrogen price assessments

In response to market feedback and to provide price comparisons among different hydrogen production pathways, S&P Global Platts is proposing to launch new Steam Methane Reforming and Auto Thermal Reforming price valuations for the UK and the Netherlands, respectively, effective Sept. 6.

The calculated prices would reflect the daily cost of hydrogen production via the following pathways: SMR with carbon capture and storage for the UK, and ATR with CCS in the Netherlands.

Platts had already launched Dutch hydrogen valuations for SMR with CCS in December 2019, and launched UK hydrogen valuations for ATR with CCS in April 2021.

The additional price valuations would provide a variable basis for comparison between different countries using local gas, electricity and carbon input values. Platts would publish a set of hydrogen prices reflecting feedstock costs alone, as well as a second set including assumptions for capital expenses (Capex).

Prices for the UK would be published in GBP/kg and GBP/KWh; prices for the Netherlands would be published in Eur/kg and Eur/KWh.

Cost assumptions would be based on industry sources, including data from the IEAs 2019 report, The Future of Hydrogen Report, along with data from the Deltalinqs' H-Vision report, (2019).

Natural gas, electricity and carbon prices would be based on existing Platts daily assessments.

The published prices would be as follows:

Hydrogen Netherlands ATR with CCS Eur/kg

Hydrogen Netherlands ATR with CCS (inc. CAPEX) Eur/kg

Hydrogen Netherlands ATR with CCS Eur/KWh

Hydrogen Netherlands ATR with CCS (inc. CAPEX) Eur/KWh

Hydrogen UK SMR w CCS GBP/kg

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

Hydrogen UK SMR w CCS GBP/KWh

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

Please send any questions or comments by July 30, 2021, to hydrogenassessments@spglobal.com and pricegroup@spglobal.com

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