Industry report sees multi-billion ton market for green ammonia

This week, Argus Media published a white paper on green ammonia. This includes an overview of potential new markets and market volumes, a round-up of green ammonia projects around the world, and an assessment of production technologies and their impact on the ammonia cost curve. Argus estimates that, by 2040, green ammonia could cost just $250 per ton.

Argus is an industrial analysis and consulting firm with long experience in the ammonia market, which, traditionally, centers on the fertilizer sector. This white paper therefore provides a welcome commercial perspective on the outlook for ammonia energy.