Energy Transition, Hydrogen
October 06, 2025
Platts proposes to launch market-based hydrogen assessments in NW Europe and India
Platts, part of S&P Global Commodity Insights, proposes to launch market-based renewable hydrogen assessments in Northwest Europe and India, effective Dec. 3, 2025.
Platts has observed strong interest in a market-based price assessment for hydrogen, as this nascent market continues to evolve.
Following a consultation period, which was published in a subscriber note available here, Platts proposes to launch two weekly market-based Hydrogen assessments for Northwest Europe and India, respectively.
For Northwest Europe, Platts is proposing the following specifications:
| Location | Northwest Europe (Germany, France, Belgium, the Netherlands, UK) |
| Term | Long-term offtake (10+ years) |
| Incoterm | FOB |
| Volume | 5,000-10,000 mt/year |
| Carbon Intensity | RFNBO-compliant Hydrogen meeting CI-threshold of 70% GHGe saving minimum -- accompanied by a Guarantee of Origin and Proof of Sustainability certificate |
| Quality | 99.5% (chemical grade) |
| Delivery | 2028 onwards |
| Unit | Eur/kg, Eur/kWh, $/kg and $/MMBtu. The primary assessment unit will be Eur/kg. |
| Timestamp and Holiday Calendar | Wednesdays, 4:30 PM London time, following the UK holiday calendar |
Platts is also proposing the following specifications for the long-term contracting of renewable hydrogen in India:
| Location | India (Paradip) |
| Term | Long-term offtake (10-15+ years) |
| Incoterm | Ex-Works (ex-plant) |
| Volume | 5,000-10,000 mt/year |
| Carbon Intensity | Up to 2 kg CO2/kg hydrogen well-to-gate |
| Quality | 99.5% (chemical grade) |
| Delivery | 2028 onwards |
| Unit | Rupee/kg, Rupee/Nm3, $/kg and $/MMBtu. The primary assessment unit will be Rupee/kg. |
| Timestamp and Holiday Calendar | Thursdays, 4:30 PM India time, following the India holiday calendar |
Please send all feedback, comments, and questions by Oct. 24, 2025, 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