Energy Transition, Hydrogen
September 15, 2025
Platts opens consultation on market-based hydrogen assessments
Platts, part of S&P Commodity Insights, has opened a consultation on its coverage of the hydrogen market and welcomes market feedback on how to best reflect this space through market-based assessments.
Platts has observed strong interest in a market-based price assessment for hydrogen, as this nascent market continues to evolve and mature.
Platts is requesting feedback on the typical specifications for the long-term contracting of hydrogen in Europe.
Platts is considering the following options:
| Location | Northwest Europe (Germany, the Netherlands, UK) |
| Term | Long-term offtake (5+ years) |
| Incoterm | FOB |
| Volume | 10,000 mt per year |
| Carbon Intensity | RFNBO-compliant Hydrogen meeting CI-threshold of 70% -- accompanied by a Guarantee of Origin and Proof of Sustainability certificate |
| Quality | 99.99% (chemical grade) |
| Delivery | 2026 onwards |
| Unit | Eur/kg, Eur/kWh, US$/kg and US$/MMBtu. |
Platts is also requesting feedback on the typical specifications for the long-term contracting of hydrogen in India.
Platts is considering the following options:
| Location : | India (Paradip) |
| Term : | Long-term offtake (15+ years) |
| Incoterm : | Ex-Works (ex-plant) |
| Volume : | 5,000-10,000 mt per annum |
| Carbon Intensity : | 2 kg CO2/kg hydrogen well-to-gate |
| Quality | 99.99% (chemical grade) |
| Delivery | 2028 onwards |
| Unit | Rupee/kg, Rupee/Nm3, US$/kg and US$/MMBtu |
Please send all feedback, comments, and questions by Oct. 2, 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.