Address :
YamnaCo Ltd 27 Old Gloucester Street London WC1N 3AX, UNITED KINGDOM

The Green Ammonia case

PUBLICATIONS /
/
Ammonia, an important feedstock to our economy as it is the 2nd most produced chemical by mass, after sulphuric acid and 1 of the seven basic chemicals that are used to produce all other chemical products. Ammonia’s importance further rises as 80% of today's ammonia is used to produce fertilizers, making it essential for food security.
But unfortunately, it is an industry entirely dependent on fossil fuels with almost 100% is produced from natural gas or coal leading to 20% of all chemical industry GHG emissions and extremely volatile prices. And hence the arises a need to decarbonise it as ammonia can be produced through renewable energy-derived hydrogen.
Besides its usage in fertilizers and chemicals, green ammonia can also serve as a clean fuel for the marine industry and power generation and as a hydrogen carrier. Green ammonia is starting to become reality 2 large-scale green ammonia projects have already achieved financial close with USD 6.5bn debt financing raised.
But full decarbonisation is challenging and will require governmental support as 2x the renewable energy capacity addition globally in 2022 would be required.
Here's our analysis at Yamna!

Here are some publications that may interest you

The Green Steel case: The challenge of DRI grade iron ore and potential stranded assets

With the increase in importance due to potential costs and the induction of Carbon Border Adjustment Mechanism (CBAM) to ramp…

Read more
Ammonia cracking

With a majority of the major importers located far away from potential production hubs, there arises a question of what…

Read more
The Green Ammonia case

Ammonia, an important feedstock to our economy as it is the 2nd most produced chemical by mass, after sulphuric acid…

Read more
Green Ammonia for co-firing in power plants; A promising use case to decarbonise power generation

Thermal generation is the largest source of power and heat today with around 60% of the energy mix dominated by…

Read more
Norway: A prospective world leader for Green products export

With EU target to import 10 million tons of hydrogen by 2030, there arises the question of who is set…

Read more
The Carbon Border Adjustment Mechanism (CBAM) starts entering into effect on the Oct 1, 2023

The European Union's Carbon Border Adjustment Mechanism (CBAM) starts entering into effect on October 1, 2023.This new tool seeks to…

Read more