EverWind Fuels and Svitzer have signed an MoU to deploy an ammonia-powered commercial tug in the Canso Strait, adjacent to Point Tupper: the location of EverWind’s under-development hydrogen & ammonia production hub.
The Biden administration has launched a $7 billion funding program to create regional clean hydrogen hubs across the US. Between six and ten applications will be selected, drawing on a diverse range of geographical locations, technology pathways and end-use applications. Alongside the funding announcement, the Department of Energy launched a draft of a new national hydrogen roadmap, outlining the key opportunities on offer for the emerging US clean hydrogen industry.
Green NortH2 Energy, Meriaura and Wärtsilä will develop a cargo vessel capable of running on ammonia fuel. Propelled by Wärtsilä multi-fuel engines, the vessel will be owned and operated by Meriaura, with Green NortH2 Energy to supply renewable ammonia fuel from its to-be-built production plant in Naantali, southwest Finland.
Mission Possible Partnership has launched a new transition strategy for the global ammonia sector. Endorsed by a series of key ammonia energy players from across the supply chain, Making net-zero ammonia possible sets out a series of levers, mechanisms and priorities for the coming decade to ensure the ammonia sector achieves a 50% emissions reduction target by the mid 2030s, before almost fully decarbonising by 2050.
The European Parliament has recently voted on key changes to the Renewable Energy Directive II. The changes include new renewable fuel targets for industry, scrapping the “additionality” clause, and easing temporal & geographical restrictions on electricity PPAs for hydrogen production. A new, €3 billion Hydrogen Bank has also been announced in a bid to close the investment gap in Europe.
Korea Zinc, Hanwha Impact, SK Gas and Australia-based Ark Energy will work together to build a million-tonne-per-year renewable ammonia supply chain between Korea and Australia by 2032. Ark Energy’s renewable energy portfolio in Queensland will be leveraged for ammonia production, with the three South Korean organisations acting as offtakers. The announcement comes as the Qld state government launches an ambitious new energy plan, which will support the addition of 20-plus GW of renewable energy generation to Qld’s grid.