Energy Transition, Hydrogen

August 15, 2025

Platts discontinues various hydrogen price assessments from Aug. 15

Platts, part of S&P Global Commodity Insights, has discontinued a number of hydrogen assessments in North America, Europe, Japan, Australia and the Middle East effective Aug. 15, 2025.

The discontinuation of these assessments was proposed by Platts on April 8, in a subscriber note available here. The decision to discontinue the assessments was included in a subsequent subscriber note available here, published June 20.

Platts has refocused its cost-based assessments around three main production pathways, namely conventional grey hydrogen (steam methane reforming without carbon capture and storage), low carbon hydrogen (SMR hydrogen with CCS), and electrolytic hydrogen (alkaline electrolysis), where available.

This refinement provides clarity around the main reference prices for hydrogen. In addition, the number of cost-based assessments covering the Netherlands and the UK hydrogen sectors is being simplified.

The following assessments have been discontinued:

SymbolDescription
IGZBA00Alberta Hydrogen PEM Electrolysis Inc. Capex C$/Kg
IGYBS00Alberta Hydrogen PEM Electrolysis Inc. Capex C$/Mcf
IGZBE00Appalachia Hydrogen PEM Electrolysis Inc. Capex $/Kg
IGYBW00Appalachia Hydrogen PEM Electrolysis Inc. Capex $/Mcf
IGZBI00Gulf Coast Hydrogen PEM Electrolysis Inc. Capex $/Kg
IGYCA00Gulf Coast Hydrogen PEM Electrolysis Inc. Capex $/Mcf
IGYFZ00Japan Hydrogen PEM Electrolysis Inc. Capex Yen/Kg
IGYFY00Japan Hydrogen PEM Electrolysis Inc. Capex $/Kg
HNETB00Netherlands Hydrogen ATR with CCS (inc. CAPEX) Eur/kg
HNETD00Netherlands Hydrogen ATR with CCS (inc. CAPEX) Eur/KWh
HFNMA00Netherlands Hydrogen SMR with CCS (inc. CAPEX) Eur/kg
HJNMA00Netherlands Hydrogen SMR with CCS (inc. CAPEX) Eur/KWh
HQNMA00Netherlands Hydrogen PEM Electrolysis (inc. CAPEX) Eur/kg
HRNMA00Netherlands Hydrogen PEM Electrolysis (inc. CAPEX) Eur/KWh
HTDMA00Netherlands Hydrogen Alkaline Electrolysis (inc. CAPEX) Grid Only Eur/KWh
HSDMA00Netherlands Hydrogen Alkaline Electrolysis (inc. CAPEX) Grid Only Eur/kg
HRDMA00Netherlands Hydrogen PEM Electrolysis (inc. CAPEX) Grid Only Eur/KWh
HQDMA00Netherlands Hydrogen PEM Electrolysis (inc. CAPEX) Grid Only Eur/kg
IGYBL00Northern California Hydrogen PEM Electrolysis Inc. Capex $/Kg
IGYCM00Northern California Hydrogen PEM Electrolysis Inc. Capex $/Mcf
HYSBP00Oman Hydrogen PEM Electrolysis (incl CAPEX) $/kg
HYSBR00Oman Hydrogen PEM Electrolysis (incl CAPEX) $/MMBtu
HYABP00Queensland Hydrogen PEM Electrolysis (inc. CAPEX) A$/kg
HYABR00Queensland Hydrogen PEM Electrolysis (inc. CAPEX) $/kg
HYABT00Queensland Hydrogen PEM Electrolysis (inc. CAPEX) A$/MMBtu
HYABV00Queensland Hydrogen PEM Electrolysis (inc. CAPEX) $/MMBtu
HYSAF00Saudi Arabia Hydrogen PEM Electrolysis (incl CAPEX) $/kg
HYSAH00Saudi Arabia Hydrogen PEM Electrolysis (incl CAPEX) $/MMBtu
HYACB00South Australia Hydrogen PEM Electrolysis (inc. CAPEX) A$/MMBtu
HYACD00South Australia Hydrogen PEM Electrolysis (inc. CAPEX) $/MMBtu
IGZCK00Southern California Hydrogen PEM Electrolysis Inc. Capex $/Kg
IGYDC00Southern California Hydrogen PEM Electrolysis Inc. Capex $/Mcf
HYSBD00UAE Hydrogen PEM Electrolysis (incl CAPEX) $/kg
HYSBF00UAE Hydrogen PEM Electrolysis (incl CAPEX) $/MMBtu
HYUKF00UK Hydrogen PEM Electrolysis (incl CAPEX) (GBP/Kg)
HYUKH00UK Hydrogen PEM Electrolysis (incl CAPEX) (GBP/KWh)
HUKHC00UK Hydrogen SMR with CCS inc. CAPEX (GBP/kg)
HUKHG00UK Hydrogen SMR with CCS inc. CAPEX (GBP/KWh)
IGZCO00Upper Midwest Hydrogen PEM Electrolysis Inc. Capex $/Kg
IGYDG00Upper Midwest Hydrogen PEM Electrolysis Inc. Capex $/Mcf
HYACV00Western Australia Hydrogen PEM Electrolysis (inc. CAPEX) A$/kg
HYACX00Western Australia Hydrogen PEM Electrolysis (inc. CAPEX) $/kg
HYACZ00Western Australia Hydrogen PEM Electrolysis (inc. CAPEX) A$/MMBtu
HYADB00Western Australia Hydrogen PEM Electrolysis (inc. CAPEX) $/MMBtu

The discontinuation also encompasses the above assessments in converted currencies and units of measurement.

Due to the publishing cadence of the discontinued assessments in Australia, the US and Canada, the last available data for these markets will reflect values for Aug. 13, 2025.

These assessments were previously published in Hydrogen Daily and in the fixed pages CLE3100, CLE1100, ETA3300, CLE2100, ETA3200, ETA3100, and ETA3300.

Please send any feedback, questions or comments to hydrogenassessments@spglobal.com and pricegroup@spglobal.com.

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