Plug breaks ranks to offer spot deals
US green hydrogen producer Plug Power says its new spot price programme allows buyers to purchase on-demand and without the limitations of long-term agreements
US company Plug Power is to start offering liquid green hydrogen on a spot basis, rather than under long-term contracts, in a bold move that could help to spur the development of a traded commodity market for the energy vector. Under the new system—which Plug says is the first of its type—buyers are able to offtake supplies from any of Plug’s operating US plants at a weekly published spot price, derived from the company’s supply and demand in a given pricing week. Plug produces about 45t/d of liquid green hydrogen. “We believe this initiative will increase trust and transparency in the industrial hydrogen market" Marsh, Plug Power Participating buyers will have to sign a spo
Also in this section
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
1 December 2025
Project at Emden in northwest Germany due online in 2027, but wider ramp-up of clean hydrogen sector in Germany will require overhaul of government policy, company warns
25 November 2025
The northwest African country’s vision of integrating green power, molecules and steel is alive and kicking, and serves as a reminder of hydrogen’s transformative potential
19 November 2025
The creation of ‘lead markets’ to generate hydrogen demand in the EU has potential, but implementation would pose complex challenges for producers and industrial offtakers
