An interesting situation is currently happening in the commodity market. There are countries that have the richest reserves of hydrogen. It is no surprise they want to make the best of it. So, they sell it massively abroad. Naturally, intermediaries benefit from it as there is no official exchange for trading climate-neutral hydrogen.
This is why Gasunie, a natural gas infrastructure and transportation company operating in the Netherlands, is preparing to launch the first hydrogen trading exchange in history called HyXchange. Currently, negotiations between the country's port administrations and market representatives are underway in order to work out the concept of a trading platform. Bert den Ouden, the former CEO of the Dutch Energy Exchange, thinks that firstly, it is necessary to solve the problem of certification, launch a spot market or its test version, and create a price index and mechanisms for balancing physical volumes and storing hydrogen.
The concept is based on the idea that hydrogen, regardless of the way of production, will be transported in one network like electricity or gas. According to the creators of the project, environmental issues will be solved through certification. In addition, the production method and the degree of reduction of carbon dioxide emissions will be reflected in the price index. They are also confident that the new exchange will improve the market and accelerate the mass use of the fuel of the future, namely hydrogen.
