15/07/2025

MIBGAS has just introduced the first revision of the renewable hydrogen price calculation method, after leading a new working group meeting on 12 June. 

These changes represent a further step forward for the IBHYX index, which is expected to become an increasingly reliable benchmark as the Iberian renewable hydrogen market matures.

The update of the parameters is the result of the meeting held on 12 June, where it was agreed with the attendees to review the methodology for calculating the MIBGAS IBHYX index (published in www.greenenergy.mibgas.es). This update has meant the inclusion of some revisions in the calculation model, namely: updating the price of CO2, which is now extended until December 2027; the review of the price of power purchase agreements (PPAs) (wind and solar) beginning in 2027; and the review of the value of stack degradation (electrolysers).

More information about the methodology at: MIBGAS - Green Energy