Energy Transition, Hydrogen
February 11, 2026
Platts to launch market-based NW Europe hydrogen assessment, April 1
Platts, part of S&P Global Energy, will launch a monthly market-based price assessment for renewable hydrogen in Northwest Europe, effective April 1.
Platts first proposed launching the assessment on Oct. 6, 2025, in a subscriber note available here , after a consultation that was opened Sept. 15 . The feedback period was extended to Jan. 16, 2026, in a subscriber note on Oct. 27, 2025, available here .
Platts has amended the frequency of the new assessment to monthly in line with feedback from the market. Platts would also like to clarify in the specifications that the price assessment will not include any subsidies.
The final amended specifications are listed below:
| 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. |
| Frequency | Monthly; first working day of each month |
| Timestamp and Holiday Calendar | 4:30 PM London time, following the UK holiday calendar. In case of a public holiday, the assessment will be on the next working day of the month. |
| Notes | Subsidies not included |
Please send any feedback, questions or comments to hydrogenassessments@spglobal.com , copying 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.