I have finished my investigations yesterday. If you can bear DaVinci it is possible to produce HDR HLG with free software and output HEVC to a compatible TV as well as H264 to YouTube. The HEVC files come to around 12 mbps with quality factor 22. You need to push for average bitrate to get more. Netflix uses around 15 mbps for their streams so this is reasonable.
Youtube uses VP9 and H264 there is no way to code this codec to specifications without using a command line tool on a mac for free so you use H264 10 bit and set bitrate to around 50mbps. The encoding is fast and better than using prores at >400 mbps so cuts the time to 12.5% for upload
All the resulting files are 4:2:0 10 Bit colour there are no Tv sets able to play 4:2:2 on a high efficiency codec. Computers will struggle to play anything except H264 youtube like without hardware acceleration and you need VLC to play the files
Will post the steps for media import into my blog
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