Korea Southern Power will co-fire ammonia at Unit 1 of the KOSPO-owned Samcheok Bitdream Headquarters power plant, likely sourcing the ammonia fuel from Pilot Energy’s Mid West Clean Energy Project in Australia.
UAE-Moroccan developer Dahamco is planning a $25 billion, multi-million ton per year renewable ammonia project at the Port of Dhakla on Morocco’s Atlantic coast. The first phase will feature an investment of $4 billion and produce nearly one million tons of ammonia per year.
In our November episode of Project Features, we explored the MadoquaPower2X renewable ammonia project in Sines, southern Portugal. 300,000 tons per year of RFNBO-compliant ammonia will be produced for export to Rotterdam and Duisburg from 2028, focused on marine fuel and fertilizer markets in Europe.
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).
To open the AEA’s 2024 Annual Conference in New Orleans, H2Global Managing Director Timo Bollerhey presented updates from the “green market maker”. To meet global climate targets, we need to accelerate market creation and maturation, and push past key tipping points. H2Global does this by bridging the green premium gap between sellers and buyers and facilitating transactions for clean commodities. A successful first ammonia auction was concluded in 2024, informing plans for a second, larger, truly global auction round that will be launched in the near future.
The AEA and like minded organizations delivered two urgent calls to action at COP29. These documents outline practical actions needed from governments in the next one-to-two years to stimulate demand for clean hydrogen and ammonia. Now through 2025 and 2026, the AEA, its coalition partners, and all our industry members need to channel these messages into national and local policies to scale demand for clean molecules.
More than 50 leaders across the shipping value chain joined a Call to Action to accelerate the adoption of zero-emission fuels. Amongst the signatories of the Call to Action was Fortescue, which now has partnerships with Höegh Autoliners and COSCO Shipping to accelerate the deployment of ammonia-powered vessels.
MEPC 82 featured important progress in the ongoing development of the IMO’s “mid-term measures” to cut GHG emissions. States remain divided over the precise architecture of the financial mechanism, and the distribution of revenues received significant attention - particularly from states concerned about unjust or inequitable consequences of the energy transition.
