In order to achieve the aggressive Hydrogen Shot initiative goal of $1/kg production cost by 2030, the US Department of Energy sets out a series of performance and capital cost targets for established and lower-TRL electrolyser technologies. Meanwhile, Australia's national science agency CSIRO projects that Australia’s hydrogen electrolyser manufacturing sector could generate AU$1.7 billion in revenue annually by 2050.
The marine action plan urges the federal government to prioritize the implementation of electrolytic ammonia and methanol fuel in ocean-going vessels by 2050. A detailed action roadmap is presented, including infrastructure deployment, retrofits and upgrades to existing vessels.
Korea Southern Power will co-fire ammonia at Unit 1 of the KOSPO-owned Samcheok Bitdream Headquarters power plant, likely sourcing the ammonia fuel from Pilot Energy’s Mid West Clean Energy Project in Australia.
In the first stage of Project Gaucho, 3 GW of electrolysers will be powered by a 4.2 GW wind farm, leading to the production of up to 1.7 million tons of ammonia per year. RP Global and German development agency GIZ will develop the project, supported by an official German government program for ramping up the nascent hydrogen industry.
VNG will purchase up to 150,000 tons per year of renewable ammonia from 2029, supplying it directly to its German customers or cracking it on arrival and supplying hydrogen.
The IMO’s Maritime Safety Committee has approved interim guidelines for the use of ammonia fuel onboard vessels. Ship owners will also be able to voluntarily adopt code changes allowing the use of ammonia cargo as fuel, ahead of their entry into force next July. To unpack the new guidelines, the AEA will host the IMO and Lloyd’s Register at a public webinar in January.
UAE-Moroccan developer Dahamco is planning a $25 billion, multi-million ton per year renewable ammonia project at the Port of Dhakla on Morocco’s Atlantic coast. The first phase will feature an investment of $4 billion and produce nearly one million tons of ammonia per year.