Plug Power has launched the industry's first spot pricing program for liquid green hydrogen, allowing buyers to purchase on-demand without long-term commitments. This initiative enables customers like retailers, industrial manufacturers, and power plant operators to adapt flexibly to energy demands. S&P Global Platts will publish weekly prices based on Plug's supply and demand. Plug Power has already secured spot agreements, including one with a major industrial gas company. The program operates in Plug's plants in Georgia, Tennessee, and Louisiana, with a total capacity of about 45 tons per day. As North America's third-largest liquid hydrogen producer, Plug is currently the sole commercial-scale producer of liquid green hydrogen. The introduction of this innovative spot pricing program provides a new revenue stream and market flexibility. This strategic move marks a shift in the hydrogen market, addressing inefficiencies like rigid contracts and lack of price transparency.