Economic analysis for hydrogen - ammonia decarbonization of a natural gas plant - a phased approach
ReMo Energy has just closed a successful $5 million seed funding round to develop renewable ammonia production solutions for the US Midwest. Monolith Materials announced a successful funding round of $300 million (investors include BlackRock and Temasek) to further develop its methane pyrolysis technology, expand existing facilities and clear a “deep backlog” of to-be-developed hydrogen & ammonia projects.
Monolith and Goodyear Tire & Rubber (the only US-headquartered tire manufacturer) will cooperate on the potential use of carbon black byproduct from its Olive Creek ammonia plant in Hallam, Nebraska. In relevant news, a $1.04 billion, Title XVII loan from the US Department of Energy has secured Monolith's expansion plans for Olive Creek, which will see it become the largest producer of carbon black in the US by 2025.
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.
This April we presented a new episode in our monthly webinar series: Ammonia Energy Live. Every month we’ll explore the wonderful world of ammonia energy and the role it will play in global decarbonisation - with an Australian twist. For this episode we welcomed Geoff Ward, CEO of the Hazer Group. Hazer has been steadily developing their novel methane pyrolysis technique in Western Australia with a new low-carbon hydrogen production facility to begin construction later this year. Geoff joined us to reflect on Hazer’s journey so far, familiarise our audience with their processes and give his thoughts on what needs to be put in place for similar decarbonisation projects to succeed. And - of course - we asked Geoff where ammonia fits into Hazer’s future plans! Geoff was interviewed by Andrew Dickson (Development Manager of the Asian Renewable Energy Hub at CWP Global), and Darren Jarvis (Vice President of Strategic Project Development at Incitec Pivot).
Welcome to the Ammonia Wrap: a summary of all the latest announcements, news items and publications about ammonia energy. This week: new funding and investment for ammonia energy (Starfire Energy, GenCell, Syzygy Plasmonics and Hazer Group), marine engines from the "Ammoniamot" consortium, Uruguay's national hydrogen strategy takes another step, Onahama Port to investigate hydrogen & ammonia imports and Sumitomo to develop Gladstone's hydrogen "ecosystem".
Welcome to the Ammonia Wrap: a summary of all the latest announcements, news items and publications about ammonia energy. This week: new Japanese developments, new AiP for ammonia-fueled vessel, Singapore bunkering study, new ammonia from wastewater initiative, Fortescue brings carbon neutrality goals forward to 2030, Australian project updates for Hazer and H2U, and H2Pro updates from Israel.
This month, the Japanese Ministry for Economy, Trade, and Industry (METI) began promoting an updated Road Map for Fuel Ammonia, focused on the use of ammonia in thermal power plants and as a shipping fuel. By 2030, Japan expects to import 3 million tons of clean ammonia, with demand rising to 30 million tons by 2050. To secure these volumes, Japanese companies are now making investments up and down the supply chain. These are ambitious numbers, matching Japan’s recent commitment to reach net-zero emissions, but still they miss the big picture. The broader economic opportunity arrives when Japanese companies export their fuel ammonia technologies, decarbonizing coal-fired power plants across Asia, and then supply the fuel to these newly sustainable shipping and electricity sectors. By 2050, the METI Road Map expects Japanese trading companies to supply the wider region with 100 million tons per year of clean ammonia.
What are the key considerations that need to be worked through so we can design and implement a certification scheme for low-carbon ammonia that works for a diverse range of stakeholders? On November 17, 2020, the Ammonia Energy Association (AEA) hosted a panel discussion on the topic as part of the recent Ammonia Energy Conference. Not only was it valuable to find out what important players in the ammonia industry want to see in any future certification scheme, but the panel also kicked off a consultation process among AEA members. An audience of around one hundred and fifty producers, end users and researchers all gave their thoughts on what they would like to see in a future scheme, providing a terrific launching point for the AEA Certification Committee to draft, develop and debut a low-carbon ammonia certification scheme.