Site items in: Europe

Germany’s Hydrogen Acceleration Act
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Approved by the national cabinet, the draft law aims to create a legal framework for rapid development and expansion of hydrogen infrastructure, including ammonia import and cracking facilities. Relevant planning, approval and procurement procedures will be simplified and digitalized where possible, and projects covered by the Act will also be considered in the “overriding public interest”, with some important caveats. Germany’s national cabinet also approved a CCS Act this month, aimed at decarbonising hard-to-abate industrial processes.

Keep pushing: a message from the AEA President
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2024 has already been a busy year, with ammonia discussions at an exciting phase. Despite the hesitancy and doubts about ammonia I have heard at recent events, I continue to deliver the same constructive messages, and urge the AEA membership and networks to use the information available to continue to promote ammonia. Our upcoming annual event in New Orleans will explore progress in establishing ammonia markets, and I can’t wait to see you all again in-person.

Taking the market’s temperature: European Hydrogen Bank awards €720 million
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The European Hydrogen Bank has awarded nearly €720 million to seven renewable hydrogen and ammonia projects. The funding will act to bridge the price gap between the cost of hydrogen production and the price buyers are willing to pay. Recipients will receive €0.37 - €0.48 in subsidies per kilogram of renewable hydrogen, and will collectively produce 1.58 million tons of renewable hydrogen over ten years. In conducting a transparent auction process, the European Commission has also provided vital insights into trends in demand for renewable hydrogen and ammonia.

Ammonia-fueled vessels: shipyard orders and new concepts
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Eastern Pacific Shipping’s on-order very large ammonia carriers (VLACs) will be registered in Singapore, thanks to a new partnership with the Maritime and Port Authority. Trafigura has announced the first of its ammonia-fueled, medium gas carriers will be delivered from South Korea in 2027. In Japan, K LINE and MAN are leading a 5-party collaboration to develop ammonia fueled-engines and deploy them in 200,000 dwt bulk carriers. We also explore ammonia-fueled Aframaxes in Malaysia, a concept study for a large-volume, coastal ammonia carrier in Japan, and a new salmon fishing vessel design in Norway.