Renewable Fuels of Non-Biological Origin (RFNBOs), including hydrogen and hydrogen-based fuels, have a pivotal role to play in the global energy transition. As governments and regulatory bodies set ambitious emission reduction targets, the EU —through the third revision of the Renewable Energy Directive (RED III), EU Emissions Trading System (EU ETS) and FuelEU Maritime —leads the charge.
However, despite a large pipeline, very few projects have taken final investment decision (FID), hindered mostly by the lack of strong, long-term offtake commitments. What do investors need to believe in for RFNBOs to truly take off?
Join Argus’ experts as they step into the shoes of RFNBO offtakers to explore the potentials and challenges of RFNBO uptake:
Charles is a Vice President in Argus Media’s Projects Consulting practice and is based in London. With more than 15 years’ experience in the industry, he leads engagements across the energy industry, specialising in providing market studies and investment feasibility analysis for Argus clients within both the fossil and renewable supply chains.. Beginning in the energy strategy practice at Accenture, Charles spent seven years managing client engagements in biofuels and bio-based specialty chemicals. Prior to joining Argus he worked for the UK Government as Head of Foresight, advising on long-term policy making in the energy, transportation and urban development sectors.
Tom is a principal in the consulting practice at the price reporting agency Argus Media in London. Having joined the team in 2012, he oversees the delivery of bespoke studies in the bioenergy sector, including biofuels and biomass, in Europe and Africa. Tom’s work involves assessment of the European legislative environment and the impact of proposed changes considering the trends seen in the vehicle parc, production technology and wider energy markets. While the focus remains on road transport, he also monitors developments in alternative markets, such as the aviation and marine sectors.
MeiKei is a Manager at Argus Consulting. Her areas of expertise include hydrogen and low carbon fuels, gained through working for both multinational oil companies and energy consulting firms. MeiKei holds a MSc in Petroleum Engineering from Imperial College London, and a BEng (Hons) in Chemical Engineering with First Class
Jack Merriott works at Argus Consulting on bespoke projects in low-carbon fuels, spanning clean hydrogen, clean ammonia and e-fuels for clients in the marine, energy, refining and fertilizer sectors. Jack has 15 years’ experience in strategy consulting, strategic planning and market intelligence, spanning low-carbon fuels, fertilizers, industrial products and consumer goods.
