Plug Power has introduced the “first-ever” spot pricing programme for liquid green hydrogen, with S&P Global Platts set to publish a weekly price based on real-time supply and demand.
Spot pricing offers Plug clients lower costs, transparency, and flexibility while enabling Plug to maximise peak prices during high demand, expand its customer base, and boost market liquidity.
The strategy will allow industries like retail, manufacturing and power generation to optimise supply based on real-time demand. Plug Power has said it entered into spot pricing agreements with “several key industrial players,” underscoring “widespread industry endorsement.”
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