In response to market feedback and to provide price comparisons among different hydrogen production pathways, S&P Global Platts has launched new Steam Methane Reforming and Auto Thermal Reforming price valuations for the UK and the Netherlands, respectively.
The calculated prices reflect the daily cost of hydrogen production via the following pathways: SMR with carbon capture and storage for the UK, and ATR with CCS in the Netherlands.
Platts had already launched Dutch hydrogen valuations for SMR with CCS in December 2019, and launched UK hydrogen valuations for ATR with CCS in April 2021. The additional price valuations provide a variable basis for comparison between different countries using local gas, electricity and carbon input values.
Platts publishes a set of hydrogen prices reflecting feedstock costs alone, as well as a second set including assumptions for capital expenses (Capex). Prices for the UK are published in GBP/kg and GBP/KWh; prices for the Netherlands are published in Eur/kg and Eur/KWh.
Cost assumptions are based on industry sources, including data from the IEAs 2019 report, The Future of Hydrogen Report, along with data from the Deltalinqs’ H-Vision report, (2019). Natural gas, electricity and carbon prices will be based on existing Platts daily assessments.
The published prices and their respective symbols are as follows:
Netherlands Hydrogen ATR with CCS Eur/kg, HNETA00
Netherlands Hydrogen ATR with CCS (inc. CAPEX) Eur/kg, HNETB00
Netherlands Hydrogen ATR with CCS Eur/KWh, HNETC00
Netherlands Hydrogen ATR with CCS (inc. CAPEX) Eur/KWh, HNETD00
UK Hydrogen SMR w CCS GBP/kg, HUKHA00
UK Hydrogen SMR w CCS (incl. CAPEX) GBP/Kg, HUKHC00
UK Hydrogen SMR w CCS (incl. Carbon) GBP/Kg, HUKHB00
UK Hydrogen SMR w CCS (incl. CAPEX & Carbon) GBP/kg, HUKHD00
UK Hydrogen SMR w CCS GBP/KWh, HUKHE00
UK Hydrogen SMR w CCS (Incl. Capex) GBP/KWh,
HUKHG00 UK Hydrogen SMR w CCS (incl. Carbon) GBP/KWh, HUKHF00
UK Hydrogen SMR w CCS (incl. CAPEX & Carbon) GBP/KWh, HUKHH00
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