The European Energy Exchange has developed a platform for the future technical implementation of sale auctions and other trading instruments for hydrogen and its derivatives, aimed at both governmental and commercial players.

The European Energy Exchange (EEX) has developed a platform for the future technical implementation of sale auctions and other trading instruments for hydrogen and its derivatives, aimed at both governmental and commercial players. 

EEX has also signed the first LOI with Hintco a Leipzig-based subsidiary of H2Global Foundation. Under the terms of the agreement, EEX will enable Hintco to conduct auctions for hydrogen from renewable sources as well as its derivatives such as ammonia, methanol and aviation fuel. The platform will enable a competitive, transparent and non-discriminatory auction format, and facilitate the market launch of renewable hydrogen in a cost-efficient manner.
 
EEX says that by bringing together and bundling supply and demand in standardised products with one-year delivery periods, as envisaged by the H2Global concept implemented by Hintco, transparency in the market for renewable hydrogen will not only be created but also maintained. With the support of market participants, EEX will use its decades of experience in energy trading to sustainably increase liquidity in the renewable hydrogen market. 

The first Hintco auctions via the EEX hydrogen platform could take place as early as the end of 2024.