At the recent Japan-India Summit, the governments committed to cooperation on R&D, development of policy, regulations, market mechanisms, infrastructure, and the establishment of a hydrogen/ammonia trade corridor between India and Japan.
GMF’s new report finds that both ammonia and methanol fuels are now “ready” for commercial deployment, but a concerted push is required to enable scale-up beyond 2030. The report highlights the increased familiarity (and confidence) from key maritime stakeholders with ammonia fuel, and a recommendation to independently verify emissions from the first ammonia-fueled vessels.
Various elements – different definitions for “green” hydrogen, subsidy structures, and transportation & logistics costs – all contribute to the gap between discovered prices for the H2Global and SECI renewable ammonia auctions. More SECI auction results are expected in the coming days and weeks.
Jilin Electric Power put its 180,000 tons per year, $822 million renewable ammonia production plant into operation on July 26, adding to a growing list of Chinese projects beginning renewable ammonia production in 2025.
ACME is the first successful bidder in a series of renewable ammonia reverse auctions to be facilitated by the Solar Energy Corporation of India. The discovered price of $641 per ton represents a substantial drop from the previous benchmark of $1,153 per ton of renewable ammonia, set in H2Global’s first auction late last year.
Envision Energy has announced the completion of a successful ammonia bunkering operation at COSCO Shipping Heavy Industry's terminal in Dalian. The Yuantuo 1 – which was also involved in China’s first-ever ammonia bunkering operation in January this year – was refueled with renewable ammonia fuel produced at Envision’s newly-opened production plant in Chifeng.
The European Commission has unveiled the Hydrogen and Gas Market Directive which in addition to existing regulations on renewable fuels of non-biological origin (RFNBO) set out in the Renewable Energy Directive, completes the policy framework for the sector on the European continent.
Envision’s newly commissioned, AI-enabled, off-grid renewable ammonia production facility in Chifeng will produce 320,000 tons per year, with the first exports planned for Q4 this year.
The consensus that has emerged from across the ammonia energy industry carries a very simple message for the IMO: adopt.
Learn more about a recently-completed ammonia bunker pilot facilitated by the Port of Rotterdam, and the global landscape of maritime ammonia activities being tracked by the Global Maritime Forum.