Institute for Energy Economics and Financial Analysis (IEEFA)

In Indian developments this week:

• Avaada Group and the Rajasthan state government will jointly develop a $5 billion, million-tonne-per-year renewable ammonia plant in the city of Kota.
• Multinational Larsen & Toubro has switched on a new renewable hydrogen plant for its Hazira manufacturing complex in Gujarat.
• Korean steelmaker POSCO and Greenko have signed an MoU to cooperate in green hydrogen and ammonia production in India.
• And at our recent Australia conference, IEEFA’s Kashish Shah outlined how renewable hydrogen & ammonia can relieve the burden of US$13 billion in subsidies paid every year to the fertiliser sector in India.

When it comes to ammonia energy & Australia, the persistent theme for a few years now has been exports, exports, exports. But, does a domestic hydrogen & ammonia industry present the opportunity for Australia to move on from a “dig and ship mentality”? Can Australia develop an equivalent of the METS industry, providing the expertise, technology and services required to get more projects up-and-running overseas?

To explore these big questions, we welcome a terrific discussion panel: Cindy Lim (Keppel Infrastructure), Olivia Brace (Advisian), and Tim Rogers (Trafigura Group), and chair Penelope Howarth (Department of Foreign Affairs and Trade). And - in the session before we launch into discussion - we will hear updates from some of our key ammonia energy allies in APAC. Shigeru Muraki (CFAA, Japan), Hyung Chul Yoon (KIER, Korea) and Kashish Shah (IEEFA, India) will dial-in virtually to present the latest from their home countries. Join us in-person or online, and purchase your tickets by this Friday 5 August to secure the extended early-bird rate.