Tag: Statoil

Fossil Energy Companies Turn to Ammonia

In the last 12 months ...
National oil companies in Europe and the Middle East are looking to satisfy East Asian demand for clean hydrogen by exporting carbon-free ammonia. One of the biggest global LNG exporters is investigating ammonia for the same market, as it considers Australia's future as a renewable energy exporter. Oil majors are assessing ammonia's role in implementing an affordable hydrogen economy, looking toward fuel markets in California and Europe. And the biggest coal producer in China is funding the development of "the world’s first practical ammonia-powered vehicle."

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Power-to-Ammonia: the Economic Viability of Ammonia Energy

In the last 12 months ...
The extensive Power-to-Ammonia feasibility study demonstrated that ammonia energy could be economically viable in different business cases. The report was a collaborative effort by large European corporations - power companies, electricity distributors, chemical producers, engineering firms - and it has already resulted in plans for one 440 MW power plant to be converted to carbon-free fuel by 2023.

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Ammonia for grid-scale power: Nuon, Gasunie, and Statoil

A new collaboration was announced last week, between Dutch power company Nuon, European natural gas pipeline operator Gasunie, and Norwegian oil major Statoil. The joint venture will look at converting one of the Magnum power plant's three 440 MW gasifiers, with hopes to have it running on hydrogen fuel by 2023.

This is the continuation of the Power to Ammonia project and, although ammonia is not expected to be used in this particular stage of the project, converting Magnum to hydrogen fuel represents the "intermediate step" to demonstrate that "where hydrogen could be produced using natural gas by 2023, from the year 2030 it could be possible to produce it with sustainably produced ammonia ... Ammonia then effectively serves as a storage medium for hydrogen, making Magnum a super battery."

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