Hydrogen exchange initiative



Hydrogen indicator HYCLICX in 2023: variable cost price of Dutch green hydrogen closer to grey hydrogen

The costs for the production of green hydrogen decreased over 2023. The cost of grey hydrogen was still lower, but the cost differential was decreasing. This is the conclusion of HyXchange, initiative for a hydrogen exchange, in the 2023 annual review of its 'hydrogen...

HyXchange presents its key findings from the Hydrogen Spot Market Simulation Project

This market simulation increased our understanding of the hydrogen system and associated dynamics, and volatility. The outcomes were meant to give insights in the market dynamics and volatility and the timescale of market variations. They do not provide a (price)...

HyXchange publishes HYCLICX price indicator for spot market Hydrogen

Hydrogen exchange initiative HyXchange presents HYCLICX variable-price indicator for Hydrogen.  Today, HyXchange published its first issue of the HYCLICX variable-price indicator for hydrogen based on lowest-priced electricity hours, and a large share of renewable...

Field test leads to launch of first Green Hydrogen certificates in Europe

Hydrogen exchange initiative HyXchange presents successful pilot of Guarantees of Origin for green hydrogen, operational in the Netherlands as of October this year. The issue of green Guarantees of Origin for hydrogen in the Netherlands has started as of October 2022....

Minister Jetten receives first certificate for green hydrogen

Today, Rob Jetten, Dutch Minister of Climate and Energy, received the first certificate for green hydrogen during a visit to North Sea Port in Terneuzen. These certificates facilitate the trade in hydrogen, as envisaged by HyXchange. Thus, HyXchange contributes to the...



H2 Spot Market Simulation (H2SMS)

The study seeks to establish a robust blueprint for a hydrogen exchange in the Netherlands that enables a gradual build-up of a hydrogen exchange covering an expanding geographical market catalysing the envisioned hydrogen system development. This project will be executed by HyXchange, TNO and Berenschot. The scope of the project includes Gent (BE) and Nordrhein-Westfalen (NRW, DE), as well as the broader NW-European energy system for which calculations will be performed.

The project is funded by TKI New-Gas, Gasunie, four Dutch seaport authorities and two provincies. (Intermediate) results are discussed with a selection of market parties and will be used in the next steps of the development of the  Hydrogen Exchange.


Certification pilot

HyXchange is the H2 exchange initiative supporting the development of a H2 market hub around planned Dutch H2 transmission pipeline infrastructure with significance to European H2 supply and imports from outside the EU. With the pilot, HyXchange aims to further accelerate H2 trading by enabling the exchange of certificates, more specifically GOs for low carbon and renewable H2. In total 18 companies were actively participating in this pilot, supported by the ICT platform developed and operated by Vertogas, the government mandated GO issuing body.

The HyXchange initiative

This Hydrogen Exchange Initiatieve (HyXchange) explores the possibilities and prerequisites for esthablishing a hydrogen exchange. This hydrogen exchange is made possible by the anticipated role of hydrogen as an important new climate-neutral energy carrier in the
energy transition. This gives a hydrogen exchange added value: as a catalyst in the build-upphase of the market, and as a facility for better economic optimisation once the hydrogen market is mature.

HyXchange is supported by Gasunie, Port of Rotterdam, Port of Amsterdam, Groningen Seaports and North Sea Ports.


About Us

The HyXchange initative aims to realize a trading platform for hydrogen on the main Dutch hydrogen infrastructure (“the hydrogen backbone”), including the global imports there and the European countries associated with it.

“Every day, we work with partners on developing the Dutch hydrogen supply chain because we have confidence in the opportunities that hydrogen presents, both in terms of climate targets and our economy. Our gas trading site TTF now houses Europe’s largest virtual market for natural gas. A hydrogen exchange could have the same catalytic effect on the market forces driving hydrogen”

Ulco Vermeulen, Gasunie

“The future Dutch hydrogen economy consists six key components: supply (offshore wind), demand (an industrial cluster), infrastructure (hydrogen backbone), import of hydrogen via Dutch ports, storage (Zuidwending) and a trading facility (HyXchange).”

Richard Middel, Groningen Seaports

"In the vicinity of North Sea Ports there is a vast potential for green hydrogen production from offshore wind and a solid industrial base with an large existing and quickly growing demand for green hydrogen and/or ammonia. HyXchange plays an important role to create a hydrogen market platform, including the required certification scheme. This is crucial to develop the hydrogen ecosystem within ports like North Sea Port."

Maarten den Dekker, North Sea Ports

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