Market Brief
Friday, October 2, 2026 · Archive editionWest Coast hydrogen markets

West Coast hydrogen markets, week of September 28, 2026

Fuel, gas, power and carbon prices for West Coast hydrogen markets.

By PACC Services market desk · Readings as of Sep 30 · 1 min read

Prices at a glance

Some series haven't published newer data yet.

Market and sourcePrice and change
California
Diesel
EIA retail · Data as of Sep 28
$8.18/gal
▼ $0.07/gal
vs. prior reading
+64% vs. last year
Natural gas, California citygate
EIA monthly average · July
$2.98/Mcf
▲ $0.31/Mcf
vs. prior reading
LCFS credit
CARB weekly average, Type 1 transfers · Data as of Sep 28
$84.53/MT
▲ $0.58/MT
vs. prior reading
Range $71.50 to $87.25/MT
Cap and Invest allowance
Quarterly joint auction with Québec · August (auction 48)
$32.48 per allowance
▲ $3.67 per allowance
vs. prior auction (May)
Pacific Northwest
Diesel
EIA West Coast excluding California · Data as of Sep 28
$6.64/gal
▼ $0.15/gal
vs. prior reading
+60% vs. last year
Oregon CFP credit
DEQ monthly average · Data as of August
$146.68/MT
▼ $14.34/MT
vs. prior reading
Washington CFS credit
Ecology monthly average · Data as of August
$75.93/MT
▲ $9.39/MT
vs. prior reading
Washington Cap and Invest allowance
Quarterly auction · Data as of Jun 3
$64.56 per allowance
▼ $0.70 per allowance
vs. prior auction (Mar)
Floor price $27.92 per allowance
Wholesale power
NP15 (Northern California)
Day ahead on peak, weekly average · Data as of Sep 28
$48.20/MWh
▲ $7.50/MWh
vs. prior reading
SP15 (Southern California)
Day ahead on peak, weekly average · Data as of Sep 28
$38.04/MWh
▲ $5.49/MWh
vs. prior reading
Mid-C (Pacific Northwest)
ICE via EIA, day ahead on peak, weekly average · Week of Sep 28
$52.09/MWh
▲ $8.14/MWh
vs. prior reading
National benchmarks
U.S. diesel
EIA retail · Data as of Sep 28
$6.38/gal
▼ $0.15/gal
vs. prior reading
Henry Hub spot
EIA spot price · Data as of Sep 25
$3.02/MMBtu
▲ $0.08/MMBtu
vs. prior reading

Want to see what these numbers mean for your fleet or site? Get in touch and we’ll run the comparison with you.

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Market Brief is published every Friday by PACC Services.

Sources: U.S. Energy Information Administration (diesel, Henry Hub spot and California citygate gas), California Air Resources Board (LCFS credit transfer reports and Cap and Invest auctions), Oregon Department of Environmental Quality (Clean Fuels Program), Washington Department of Ecology (Clean Fuel Standard and Cap-and-Invest auctions), California Independent System Operator (NP15 and SP15 day-ahead power prices), Intercontinental Exchange via the U.S. Energy Information Administration (Mid-C day-ahead power prices).

This brief is provided for information only and is not investment, legal or tax advice. PACC Services makes no warranty as to the accuracy or completeness of third party data.

PACC Services LLC, 30 N Gould St, Ste R, Sheridan, WY 82801

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