Category: Economic Implementation

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Fit for 55: Tax breaks, border tariffs, and Guarantees of Origin in the EU

By on July 14, 2021
Details of the Commission's comprehensive climate legislation package are now public. Relevant highlights include the inclusion of shipping into the EU ETS, a new tier system for fuel taxation and a carbon border adjustment mechanism. Also this week, Hydrogen Europe calls for an overhaul of the existing Guarantee of Origin (GO) system to address current shortcomings in clean hydrogen certification.

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Decarbonising the Normandy industrial basin

By on July 14, 2021
Air Liquide, Borealis, Esso, TotalEnergies and Yara signed a new MoU this week to assess the technical and economical feasibility of implementing an industrial CO2 capture and storage (CCS) chain, from their industrial facilities in Normandy to ultimate storage in the North Sea. For Yara’s Le Havre ammonia production plant, the project could deliver "100,000 tons Blue Ammonia."

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Japan’s Road Map for Fuel Ammonia

By on February 25, 2021
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.

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Maritime Sector is Set to Become ‘Ammonia-Ready’

By on February 18, 2021
Last month brought news of "the world’s first ammonia ready vessel.” According to an American Bureau of Shipping (ABS) press release, the vessel, currently under construction in China, will comply “with the ABS Ammonia Ready Level 1 requirements, indicating it is designed to be converted to run on ammonia in the future.” When completed, the 274-meter ship (and possibly two others of identical design) will join the fleet of Avin International.

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Trammo-Proton Ventures Tie-Up May Be Good News for Developers

By on February 04, 2021
Last month Trammo and Proton Ventures signed an agreement to cooperate on green ammonia projects. At face value, this is simply a case of two companies from different corners of the ammonia ecosystem coming together to leverage their complementary competencies. But a careful look at the tie-up reveals intriguing possibilities for companies looking to develop green ammonia production capacity.

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Certification of low-carbon ammonia: panel wrap-up from the 2020 Ammonia Energy Conference

By on January 28, 2021
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.
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