Energy Transition, Hydrogen
April 01, 2026
Platts launches market-based Northwest Europe hydrogen assessment from April 1
Platts, part of S&P Global Energy, has launched a monthly market-based price assessment for renewable hydrogen in Northwest Europe, effective April 1.
This launch follows a decision note published Feb. 11. With the launch, Platts will continue to monitor developments within the European hydrogen landscape, as this nascent market continues to evolve.
The assessment and specifications are listed as follows:
| 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 is 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 |
The assessments and corresponding symbols are listed below:
| Description | Symbol |
| North West Europe Renewable Hydrogen Eur/kg Mntly | NWERA03 |
| North West Europe Renewable Hydrogen Eur/kWh Mntly | NWERB03 |
| North West Europe Renewable Hydrogen $/kg Mntly | NWERC03 |
| North West Europe Renewable Hydrogen $/MMBtu Mntly | NWERD03 |
These assessments can be found in Hydrogen Daily and in the fixed pages CLE0010, ETA0011, CLE0011 and ETA0012.
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.