Hyxchange looks to replicate European natural gas hubs

Dutch hydrogen exchange project takes shape with plans for spot market simulation

Plans to establish a hydrogen trading hub in the Netherlands will replicate the structure of existing natural gas hubs such as the UK’s NBP and the TTF in Holland, project director Bert den Ouden says. Like natural gas hubs, the hydrogen hubs will include the use of a physical storage facility and trade in grid balancing and storage contracts. “We will do a spot market simulation. We will have a storage facility in the Netherlands, a salt cavern that is being converted to also store hydrogen,” den Ouden told the OGUK conference this week. “We will have a storage facility in the Netherlands, a salt cavern which is being converted to also store hydrogen,” den Ouden, hyXchange The proje