Once operational, the Copenhagen Infrastructure Partners-led Murchison Green Hydrogen project will receive AU$814 million in hydrogen production credits from the Australian government as part of the Hydrogen Headstart program. Nearly 1.8 million tons of renewable ammonia per year will be produced, primarily for export to Asian markets.
In 2025, the pieces are rapidly assembling to enable and accelerate imports of ammonia energy to Japan. This year, government agency METI is due to announce two lots of key funding, including contracts for difference subsidies and development of import infrastructure. Power generation technologies will be commercialised within the next few years, and more maritime players are joining the push to deploy ammonia fuel in Japanese ships.
Newly-passed legislation has established the Hydrogen Production Tax Incentive in Australia, worth AU$2 per kg of renewable hydrogen produced for up to ten years per selected project.
The second edition of H2Global’s supply-side auction is organised into five lots - four regional and one global - with around €500 million committed for each eventual contract. Full details for prospective bidders (including roadshow events) are now available.
H2Global’s new €3 billion auction for long-term supplies of renewable hydrogen and its derivatives has received EU approval, including €1.2 billion for regional funding in Canada and Australia. H2Global also progressed partnerships with the Tokyo Metropolitan Government, and the Solar Energy Corporation of India.
Via a new round of funding from the US Department of Energy, several ammonia production projects will advance. GTI Energy will lead a $1.5 million pre-FEED study to apply advanced CCS to steam methane reforming at the Mosaic Faustina facility in Louisiana. Also granted funds, Ammobia will continue to progress its new, improved version of the Haber Bosch process.
Long-awaited guidelines for tax credits for the production of “clean” hydrogen in the USA have been released, which include “significant changes” and additional flexibility compared to the first draft.
The US Department of Energy has concluded negotiations with two more Hydrogen Hub consortia, committing funding to the Gulf Coast Hydrogen Hub (up to $1.2 billion) and the Midwest Hydrogen Hub (up to $1 billion).
2024 has seen successful funding rounds for a number of ammonia energy startups, ranging in focus from catalyst development to next-generation, modular synthesis technologies.
