Research into the practical setup of a hydrogen exchange in the Netherlands has clarified the products and conditions that will be required to create trade for hydrogen. They include hydrogen certification, an index that would make prices transparent, a spot market, and the development of trading instruments to balance the physical hydrogen network and to store the gas.
All this was revealed by research conducted by Bert den Ouden on behalf of Gasunie and the port authorities of Rotterdam, Amsterdam, Groningen, and North Sea Port, in consultation with market players and governments.
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The growing demand for climate-neutral hydrogen creates the necessity for the market to work properly and for transparent, efficient pricing. A hydrogen exchange will be able to facilitate both. The new hydrogen exchange will be called HXchange. In a follow-up project, HyXchange plans to test the first trading products in pilots and simulations which will further involve the market.