Hydrogen and derivatives · 2026-W43 · 2026-10-19 to 2026-10-25 · compiled 2026-10-27

Hydrogen and derivatives weekly 2026-W43

The European Commission selected 77 net-zero technology projects in 23 countries for EUR 3.4 billion from the second Innovation Fund call on 19 October, among them hydrogen, e-SAF, e-methanol and ammonia plants and electrolyser and solid-oxide cell manufacturing, and stated that grant agreements for the third European Hydrogen Bank auction are expected before the end of 2026. German day-ahead power averaged 134.35 EUR/MWh over the week and Spanish 152.95 EUR/MWh; Sunday 25 October fell to 13.12 EUR/MWh in Germany.

Specification coverage — core basis (car, truck, bus, rail × BEV, FCEV): 13 of 127 (10%). Old basis (all segments and technologies): 13 of 155 (8%). The core share is higher because ship, aviation and the hydrogen derivatives left the core, not because more figures were found.

Electro Mobility core

Car, truck, bus and rail. Symmetric across both lines: identical definitions, bases and boundaries. Only this layer feeds convergence. This edition shows no convergence value: that is measured in the quarterly layer.

No core observation was recorded this run.

What could not be found

An empty cell is a finding. Each gap names where the agent looked.

Checked, unchanged

Comparisons

This publication shows a number only where two technologies really compete inside the core. Where they compete outside electro mobility the pair is "outside the core"; where there is no real contest it is "not comparable". Each carries its reason.

Technology depth

Asymmetric by nature: specific to hydrogen and derivatives, and not used in any comparison.

prices

production pipeline

projects

electrolysers

The week's movements

• 2026-10-25 Spanish day-ahead power averaged 152.95 EUR/MWh over 19 to 25 October 2026 (OMIE marginalpdbc, 676 quarter-hour prices), down from 153.29 EUR/MWh in the week of 12 to 18 October; the daily mean fell from 215.11 EUR/MWh on Monday to 110.09 on Friday. [1] [2] [3] [4] [5] [6] [7] verified
• 2026-10-25 German (DE-LU) day-ahead power averaged 134.35 EUR/MWh over 19 to 25 October 2026 against 182.56 EUR/MWh the week before; the Saturday and Sunday daily means were 30.12 and 13.12 EUR/MWh, after 211.94 EUR/MWh on Wednesday. [8] [9] verified
• 2026-10-23 TTF gas rose above EUR 93/MWh on Friday 23 October, a multi-year high and the fourth weekly gain in a row (storage 74.62 percent on 22 October, lowest seasonal level since 2009 per the source); a rounded intraday CFD level, not a settlement. [10] unverified
• 2026-10-23 TTF rises above EUR 93/MWh on Friday 23 October to a multi-year high, up more than 6 percent on the week and a fourth weekly gain, as Persian Gulf LNG flows stay about 80 percent below the previous year and EU storage stands at 74.62 percent (CFD-tracked level, secondary source). [10] reported
• 2026-10-23 Dutch hydrogen refuelling equipment maker Resato declares bankruptcy and invites investors to a sales process (pv magazine Hydrogen Stream of 23 October; the declaration date is not stated). [14] reported
• 2026-10-22 OMV receives the first Siemens Energy PEM electrolyser components at its 140 MW green hydrogen project in Bruck an der Leitha, Austria, just over a year after groundbreaking and after Masdar's withdrawal; the plant will supply the Schwechat refinery through a 22 km pipeline. [15] reported
• 2026-10-21 The Commission welcomes the provisional agreement of Parliament and Council to let the EU ETS Market Stability Reserve keep up to 700 million allowances instead of invalidating those above 400 million; formal adoption by both institutions follows. [16] verified
• 2026-10-21 Nel ASA appoints Morten Holum (Hexagon Purus) chief executive, to start no later than 1 May 2027; the chief financial officer is interim chief executive from 1 November 2026. [17] verified
• 2026-10-19 The Commission selects 77 net-zero technology projects in 23 countries for EUR 3.4 billion from the second Innovation Fund call launched in December 2025; the list includes hydrogen, e-SAF, e-methanol and ammonia projects (among them RWE's 20 MW HyScore in Germany and a reversible solid-oxide plant in Lingen) and clean-tech manufacturing of electrolysers and solid-oxide cell stacks. Promoters now prepare grant agreements, with results announced in the first quarter of 2027. [18] [19] verified
• 2026-10-19 The Commission states that grant agreements for the third European Hydrogen Bank auction (IF25) are expected to be signed before the end of 2026, and that the next round of Innovation Fund calls opens in early December 2026 with a EUR 1 billion clean-tech manufacturing topic. [18] verified
• 2026-10-19 Germany's economy ministry opens a preliminary procedure for the 2027 carbon-contracts-for-difference bidding round with a hydrogen window of at least EUR 1.5 billion, which may be raised if demand is high; hydrogen projects can also bid outside the window in a programme with a draft budget of up to EUR 8.7 billion (Hydrogen Europe of 21 October, quoting the ministry's statement of Monday 19 October; the ministry release itself could not be fetched). [20] reported
• 2026-10-19 Hydrogen Europe reports 270 signatories to the industry letter asking the Commission to keep the RED III targets and mandates for renewable fuels of non-biological origin beyond 2030, after 100 further companies joined. [21] verified

Watchlist

Caveats

Series. Second edition of the weekly series. Cells are marked unchanged only where an earlier edition or quarter file holds the identical value and the source was re-read on 27 October 2026; everything else without a new value is not_retrieved with the date of its last check. The Q3 correction file (2026-Q3-c2) of 22 October adds EU27 battery-electric figures only and changes no hydrogen cell.

Prices. Spanish day-ahead is OMIE marginalpdbc field 6; German day-ahead is the DE-LU bidding zone from SMARD quarter-hours (identical in the Energy-Charts API). Sunday 25 October is the clock-change day, so the week holds 676 quarter-hour prices, 100 of them on Sunday. TTF is a single rounded CFD level from a secondary source and is recorded as a lower bound; no settlement or weekly mean was reachable. EUA is not recorded: the metric has no statistic qualifier (decision 83), and no level dated in the window was read. The EU carbon page of the same host carried no item dated 19 to 25 October (newest 12 October) and no EUA value is recorded here.

Aggregates. Eurostat HYD_FCELL and EAFO H2 combine fuel-cell and hydrogen-combustion vehicles (EAFO does not say whether combustion is included); ACEA files fuel cell under OTHERS together with gas and other fuels (September release of 22 October read). They are context only and never fill an FCEV cell.

Reach. EAFO exports and country pages answered HTTP 403 (CloudFront) on 27 October after answering on 19 October, so the Q2 2026 hydrogen fleet aggregates could not be re-checked; www.iea.org answered 403 again; theicct.org now disallows our requests in robots.txt; electrive.net article pages answered a Cloudflare challenge (its RSS feeds worked); the Vision Mobility article is disallowed by robots.txt. Refused by robots.txt or the proxy: the German economy ministry, RWE, Plug Power investor pages, HydrogenPro, mfn.se, placera.se, Topsoe, Sunfire, Siemens Energy, ingenieur.de, energate-messenger.com, L-IZ, Heide refinery, investegate; IEA answers 403. ITM Power's regulatory-news list is script-rendered without titles. Ten of the 22 tracked projects have no recorded stage and six of the eight tracked companies have no signal for this period; absence in an unreachable source is not a finding about the entity.

Absence is not zero. No H2 MOBILITY release, no station opening or closure and no fuel-cell vehicle order dated 19 to 25 October was found in reachable sources (h2.live, electrive.net feeds, pv magazine feed, MITECO, Hyundai EU); hydrogeninsight, gasworld and manufacturer newsrooms other than Hyundai EU are not reachable. Station closures and net change stay unrecorded rather than zero. Items found but not adopted: a Bosch interview on trucks and hydrogen (electrive.net, 22 October; interview, page not readable), and 35 Mercedes e-buses for Ljubljana including ten fuel-cell eCitaro G (electrive.net, 26 October; outside the window). No hydrogen or derivative FID, cancellation or offtake award dated 19 to 25 October 2026 was found in reachable sources; trade-press hosts that carry such news (Hydrogen Insight, gasworld, H2 View) are not reachable, so FID and cancellation counts stay unrecorded rather than zero.

Registration sources disagree. German fuel-cell car stock reads 1,541 on 1 July 2026 (KBA, cars only) and 1,667 for Q2 2026 (EAFO H2, cars and vans); Spanish hydrogen car stock 67 (MITECO draft, 2025), 65 (Eurostat, 2025) and 118 (EAFO H2 cars and vans, Q2 2026). Each observation names its source; they are not merged.

KBA Wasserstoff column. H2-ICE values for Germany come from the undefined KBA column "Wasserstoff" and are inferred, not stated; the column content stays open until KBA answers.

Hydrogen price and range. No absolute H2 MOBILITY pump price is stated on a dated page (only percentage cuts); the h2.live FAQ price of EUR 12.85 per kg is on a page last modified in 2022. Hyundai EU's NEXO page still gives 826 km in one place and 700 km in another with a five-minute refill, so no range and fill-time pair is recorded.

Week event (Hydrogen Vector). The event is the Commission's selection of 77 Innovation Fund projects on 19 October (primary page and project list fetched). Runners-up: the German CCfD hydrogen window of 19 October fails because only a secondary page quoting the ministry was read (the ministry release is refused by robots.txt or the proxy); the EU ETS Market Stability Reserve agreement of 21 October is verified but is a carbon-market rule, not a hydrogen event; the Nel chief-executive appointment of 21 October is verified but concerns one company and says nothing on its order book; the RFNBO industry letter of 19 October is advocacy; the OMV delivery of 22 October rests on a secondary page.

Dates outside the window. Project stages from the Clean Hydrogen Monitor 2026 describe July 2026 (file last modified 14 October); the installed capacity describes July 2026; the HyScale 100 cancellation is dated by a report of 14 August; the nucera signal describes April to June 2026. They are recorded with those dates, not as events of 19 to 25 October.

Industry-body compilation. The Clean Hydrogen Monitor is Hydrogen Europe's compilation from public sources; its figures are recorded as reported. Installed capacity of at least 677 MWel (32 countries, July 2026) and the Observatory's 2024 sums for the EU27 (2026-W42:d10) have different scopes and dates and are not combined; the EUR 3.1 billion IF25 budget including national top-ups is a different basis from the Commission's EUR 1.3 billion.

Signal classification. The nucera signal (unclear) is this record's reading of mixed figures: quarterly green-hydrogen order intake fell while nine-month intake rose on the Moeve contract and the company stopped its own SOEC stack mass-production plans; the release gives no order backlog. The schema has no rule for mixed signals within one company.

Date corrections to the previous edition. ITM Power's own news page dates the Hydropulse Heads of Terms for a 150 MW project to 12 October 2026; the previous edition carried the 16 October date of the pv magazine report and noted that the announcement date was not stated.

Electrolyser cost. The Observatory's electrolyser cost file (April 2026, reference year 2025) gives CAPEX components per technology without a total or cost scope; no capex figure is recorded.

Discarded items. The Hydrogen Council figure of 260 signatories in the pv magazine summary of 23 October conflicts with Hydrogen Europe's own 270 and is not used. A Bad Lauchstädt progress report of July 2026 and the HydroHub Fenne end report of September 2025 were seen only in listings of hosts that refuse fetching and are not used for a status.

Sources

1. OMIE day-ahead marginal price file marginalpdbc, delivery day 2026-10-19 (sha256 071e04e11fa70a75…, column-checked against INT_PBC_EV_H_1) — OMIE, published 2026-10-19, primary, confidence high
2. OMIE day-ahead marginal price file marginalpdbc, delivery day 2026-10-20 (sha256 5f3fbce1d00da3bf…, column-checked against INT_PBC_EV_H_1) — OMIE, published 2026-10-20, primary, confidence high
3. OMIE day-ahead marginal price file marginalpdbc, delivery day 2026-10-21 (sha256 df23bcc54e4f0063…, column-checked against INT_PBC_EV_H_1) — OMIE, published 2026-10-21, primary, confidence high
4. OMIE day-ahead marginal price file marginalpdbc, delivery day 2026-10-22 (sha256 aa86a95d8fdcc427…, column-checked against INT_PBC_EV_H_1) — OMIE, published 2026-10-22, primary, confidence high
5. OMIE day-ahead marginal price file marginalpdbc, delivery day 2026-10-23 (sha256 60ffb7ef4d8b3df6…, column-checked against INT_PBC_EV_H_1) — OMIE, published 2026-10-23, primary, confidence high
6. OMIE day-ahead marginal price file marginalpdbc, delivery day 2026-10-24 (sha256 c5cb056bc0de3be5…, column-checked against INT_PBC_EV_H_1) — OMIE, published 2026-10-24, primary, confidence high
7. OMIE day-ahead marginal price file marginalpdbc, delivery day 2026-10-25 (sha256 763aebcdccc9ed1b…, column-checked against INT_PBC_EV_H_1) — OMIE, published 2026-10-25, primary, confidence high
8. SMARD (Bundesnetzagentur), Großhandelspreis Deutschland/Luxemburg (filter 4169), quarter-hour series from 19 October 2026 00:00 CEST (sha256 2d9949dc7e98846a…) — Bundesnetzagentur / SMARD.de, published 2026-10-24, primary, confidence high
9. Energy-Charts API, day-ahead price DE-LU, 19 to 25 October 2026 (data from Bundesnetzagentur | SMARD.de; sha256 aed59884…) — Fraunhofer ISE Energy-Charts, published 2026-10-25, secondary, confidence high
10. EU Natural Gas TTF, news stream item of 23 October 2026 (CFD-tracked level; page read 27 October 2026) — Trading Economics, published 2026-10-23, secondary, confidence medium
11. Clean Hydrogen Monitor 2026 (Hydrogen Europe; file last modified 14 October 2026) — Hydrogen Europe, published 2026-10-14, primary, confidence medium
12. The Hydrogen Stream: Commissioning begins for 2.2 GW Neom H2 project in Saudi Arabia — pv magazine, published 2026-08-14, secondary, confidence medium
13. thyssenkrupp nucera doubles order intake in the first nine months of 2025/2026 — thyssenkrupp nucera, published 2026-08-12, primary, confidence high
14. The Hydrogen Stream: Italian company unveils seven-layer PEM electrolyzer assembly to reduce iridium use — pv magazine, published 2026-10-23, secondary, confidence medium
15. OMV begins electrolyser installation at 140MW Austrian hydrogen project — Hydrogen Europe (members news), published 2026-10-22, secondary, confidence medium
16. Commission welcomes political agreement on rules enhancing stability and long-term resilience of EU carbon market (IP/26/2206) — European Commission, published 2026-10-21, primary, confidence high
17. Nel ASA: Morten Holum appointed new Chief Executive Officer — Nel ASA, published 2026-10-21, primary, confidence high
18. Commission invests EUR 3.4 billion in net-zero technology projects (IP/26/2187) — European Commission, published 2026-10-19, primary, confidence high
19. Innovation Fund 2025 net-zero technologies call: descriptions of selected projects (IF25 NZT) — European Commission, published 2026-10-19, primary, confidence high
20. Germany reveals measures to support hydrogen ramp-up — Hydrogen Europe (members news), published 2026-10-21, secondary, confidence medium
21. 100 more signatures added to RFNBO industry letter - bringing total to 270 companies — Hydrogen Europe, published 2026-10-19, primary, confidence medium