EEX to provide traded hydrogen prices

Exchange will provide price transparency for upcoming CfD auctions in Germany

The European Energy Exchange (EEX) is to develop a hydrogen index that will provide a traded price for the fuel to be used in Germany’s Contract for Difference (CfD) auctions. The exchange is working on the index with participants from various parts of the hydrogen sector who will provide price assessments. EEX is a member of industry initiative H2Global, which has received €1bn ($1.1bn) from Germany’s Federal Ministry for Economic Affairs and Climate Protection to develop a market for the fuel. “The trading of green hydrogen and its downstream products such as ammonia on the exchange ensures transparency in prices and trading volumes,” says Tobias Paulun, chief strategy officer at EEX. “The