Site items in: Content by Author Julian Atchison

Successful finance pathways for the NoGAPS vessel
Article

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.

Japan consortium to explore ammonia imports to Osaka
Article

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.

Updated German hydrogen strategy includes target for hydrogen & ammonia
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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.

India: new state-level hydrogen & ammonia policy, national hydrogen standard
Article

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.