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The cost of hydrogen: Platts launches Hydrogen Price Assessment

What does hydrogen really cost? Apparently, there's now a good answer to this question. $0.7955 per kg. This is according to the new daily hydrogen price assessment launched yesterday by Platts. Price assessments like this are invaluable for thriving markets, supporting transparency and developing into the benchmarks and indexes that underpin investments, trade, and regulations. This is a welcome innovation from the universe of financial product development. It will be interesting to see how Platts's hydrogen prices evolve, in terms of the cost structure of hydrogen production, of course, but also from the perspective of ammonia energy. If the purpose is to support commodity trading, these price assessments must eventually expand to include hydrogen carriers — molecules, like ammonia, that can be stored and transported more economically than hydrogen itself — in other words, commoditized hydrogen.

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This Week in Hydrogen

September 10–14 gave us five remarkable events both evidencing and advancing the rise of hydrogen in transportation and energy. Any one of them would have made it a significant week; together they make a sea change.

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254th ACS Meeting, Energy and Fuels Symposium “The Ammonia Economy” — Oxidation, Catalytic Cracking & Storage

In August of 2017 a symposium on the Ammonia Economy was held in Washington DC as part of the Energy and Fuels Division of the American Chemical Society (ACS) conference. The symposium was devised to explore the latest results from ammonia related research, including but not limited to; advances in the generation of ammonia, advances in the catalytic cracking of ammonia to nitrogen and hydrogen, ammonia storage and utilisation, detectors and sensors for ammonia, ammonia fuel cells and hydrogen from ammonia, ammonia combustion and ammonia safety.