Argus launches first German RFNBO quota price assessments
Prices provide a new benchmark for the emerging renewable hydrogen market
London, 14 October 2026
Global energy and commodity price reporting agency Argus has launched the first ever ticket price assessments for renewable fuels of non-biological origin (RFNBOs) used in Germany’s road transport sector. The assessments provide a new benchmark for the emerging renewable hydrogen market.
The new assessments reflect the value of RFNBO hydrogen and products made from it, including e-methanol and e-methane. These fuels can be used to meet Germany’s greenhouse gas (GHG) reduction rules. Germany has introduced a dedicated RFNBO quota for road transport, creating a mandated market for renewable hydrogen and related products and increasing the need for transparent, independent price references.
The price assessments are relevant for companies across a much wider area than Germany alone. Germany is expected to become a major importer of renewable hydrogen, so transparent price signals for its regulated transport market can help inform investment decisions and new supply projects internationally.
Road fuel suppliers who must meet the quota, as well as hydrogen suppliers, need independent RFNBO ticket price assessments. They can use these prices as reference points in negotiations and potentially to embed prices in supply contracts. The new assessments build on Argus’ established coverage of Germany’s GHG quota market and connect RFNBO values with the compliance market where the fuels are used. They also complement Argus’ existing suite of calculated hydrogen production costs for a range of locations and production pathways.
Argus Media chairman and chief executive Adrian Binks said: “These new assessments bring much-needed transparency to a market that is attracting significant interest from hydrogen producers, suppliers and investors around the world. Germany’s mandated RFNBO quota creates a clear link between renewable hydrogen and the road transport compliance market. Our assessments provide an independent reference that will help market participants to understand and negotiate that value.”
The RFNBO assessments are published in Argus O.M.R. Fuels, Argus Biofuels and Argus Hydrogen and Future Fuels, making them available to customers in the fuels, biofuels and hydrogen markets.
Argus contact information
London: Seana Lanigan
Phone: +44 20 7780 4200
Email: Email Seana
Houston: Liz Orr
Phone: +1 713 968 0000
Email: Email Liz
Singapore: Tomoko Hashimoto
Phone: +65 6496 9960
Email: Email Tomoko
About Argus Media
Argus is the leading independent provider of market intelligence to the global energy and commodity markets. We offer essential price assessments, news, analytics, consulting services, data science tools and industry conferences to illuminate complex and opaque commodity markets.
Headquartered in London with over 1,500 staff, Argus is an independent media organisation with 32 offices in the world’s principal commodity trading hubs.
Companies, trading firms and governments in 160 countries around the world trust Argus data to make decisions, analyse situations, manage risk, facilitate trading and for long-term planning. Argus prices are used as trusted benchmarks around the world for pricing transportation, commodities and energy.
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