The Global Centre for Maritime Decarbonisation and the Society for Gas as a Marine Fuel will collaborate on new guidelines for ammonia as a marine fuel. The work will help build towards ammonia bunkering demonstrations in Singapore.
New analysis from the Global Maritime Forum has found that the cost gap between ammonia fuel and conventional fuel could be closed as early as 2026 for their new NoGAPS vessel. A series of levers need to be pulled to fully finance NoGAPS and similar vessels (such as long-term charters), but the authors report favorable deals should be readily available. The authors also map out three commercial pathways for NoGAPS to operate, the easiest being exclusive bunkering on the US Gulf Coast.
Mitsui & Co., Mitsui Chemicals, IHI Corporation and the Kansai Electric Power Company will explore the establishment of a hydrogen & ammonia supply chain based in Osaka. Ammonia fuel will be used to decarbonise electricity generation, and cracked to provide a feedstock for other industrial processes like steel-making. In South Korea, a similar partnership is evolving between LOTTE and Air Liquide. You can learn more about the emerging nexus between ammonia cracking and steel-making at our upcoming annual conference in Atlanta, USA.
The pair will jointly develop a 1.3 million tonnes per year renewable ammonia production plant in the Gopalpur Industrial Park in Odisha, northeast India. From the adjacent port, ammonia will be shipped domestically, and exported to key global markets.
Germany’s updated national hydrogen strategy forecasts that hydrogen demand in the country will skyrocket by 2045, including new demand for hydrogen and ammonia power generation. An auction process ending in 2026 will spur the construction of 4.4 GW of “sprinter” power plants around the country, generating electricity from pure hydrogen or ammonia. This will support the continued integration of renewable energy into Germany’s national grid.
The state government of Andhra Pradesh launched its new hydrogen and ammonia policy in June, including a production target of up to 2 million tonnes per year of renewable ammonia, plus a raft of incentives to attract project developers to the Indian state. The news comes as India’s Ministry of New and Renewable Energy sets the standard for “green” hydrogen produced in the country.
New Zealand-based Hiringa Energy and Australian group Sundown Pastoral will develop the Good Earth Green Hydrogen and Ammonia Project (GEGHA), which will produce ammonia-based fertiliser & hydrogen for fuel cells to support cotton farming near Moree, New South Wales. The partners are already looking to expand to multiple production projects in the area.
A $325 million investment from Macquarie Asset Management will support Atlas Agro’s new Pacific Green Fertilizer Plant in Washington state, USA. FID on the plant is due early next year, which will produce 700,000 tonnes of zero-carbon nitrate fertiliser each year.
In India, ACME Group has secured two loans from REC Limited: $500 million to fully finance the first phase of the ACME’s Duqm renewable ammonia project, and $2.5 billion to support the first phases of ACME’s “round the clock” renewable power projects in Odisha and Tail Nadu.
Founding investors including EIT InnoEnergy, Maire Tecnimont, Siemens and Heineken have launched FertigHy - a new consortium aiming to build and operate large-scale fertiliser projects to supply the EU agricultural sector. The first project will be developed in Spain, producing more than one million metric tonnes per year of low-carbon, nitrogen-based fertilisers for the EU market.
Allianz will invest €20 million in Fuella, a Norway-based project developer currently working on two renewable ammonia production projects. Fuella’s plants in Skipavika (100,000 tonnes per year) and Korgen (200,000 tonnes) will utilise renewable electricity from Norway’s grid to produce ammonia. The projects will target the marine fuels & fertiliser sectors.