Platts to launch 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 has decided 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 will 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 will provide a variable basis for comparison between different countries using local gas, electricity and carbon input values. Platts will 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 will 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 will be based on existing Platts daily assessments.

The published prices and their respective symbols will be as follows:

Netherlands Hydrogen ATR with CCS Eur/kg, HNETA00

Netherlands Hydrogen ATR with CCS (inc. CAPEX) Eur/kg, HNETB00

Netherlands Hydrogen ATR with CCS Eur/KWh, HNETC00

Netherlands Hydrogen ATR with CCS (inc. CAPEX) Eur/KWh, HNETD00

UK Hydrogen SMR w CCS GBP/kg, HUKHA00

UK Hydrogen SMR w CCS (incl. CAPEX) GBP/Kg, HUKHC00

UK Hydrogen SMR w CCS (incl. Carbon) GBP/Kg, HUKHB00

UK Hydrogen SMR w CCS (incl. CAPEX & Carbon) GBP/kg, HUKHD00

UK Hydrogen SMR w CCS GBP/KWh, HUKHE00

UK Hydrogen SMR w CCS (Incl. Capex) GBP/KWh, HUKHG00

UK Hydrogen SMR w CCS (incl. Carbon) GBP/KWh, HUKHF00

UK Hydrogen SMR w CCS (incl. CAPEX & Carbon) GBP/KWh, HUKHH00

Please send 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.