EU-compliant green hydrogen could be produced in Spain and Portugal at €5.85/kg, according to Mibgas’ first price index.
IBHYX, labelled as the first Iberian renewable hydrogen price index, will be updated weekly and serve as a price signal that reflects the minimum price producers need to sell renewable hydrogen profitably.
According to Mibgas, the levelised cost of hydrogen (LCOH) production in Spain and Portugal amounts to €5.85/kg (148.36/MWh), adhering to Renewable Fuels of Non-Biological Origin (RFNBO) criteria.
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