A group of 28 global organisations (H2Zero) announced significant new pledges to drive the development of the global hydrogen industry at COP26 last week. On the supply side, the pledges add up to 18 million tonnes per year "lower carbon" hydrogen landing in global markets, displacing fossil hydrogen, conventional transport fuel and natural gas for industrial heating applications. On the demand side (including the use of lower carbon hydrogen for fertiliser, chemicals and explosives production), the pledges add up to 1.6 million tonnes. Of particular interest is Yara's pledge to source &/or produce at least 3 million tonnes of reduced carbon ammonia by 2030.
Last week, the International Energy Agency (IEA) published the Ammonia Technology Roadmap, in which the pathway to nitrogen fertilizer production up to 2050 was highlighted. Various scenarios were introduced, ranging from a baseline scenario to a sustainable development scenario (SDS) and a net zero emissions (NZE) by 2050 scenario. Demand, decarbonization costs and technology pathways were all explored in detail.
