H2Zero launches at COP26

A group of 28 global organisations (H2Zero) announced significant new pledges to drive the development of the global hydrogen industry at COP26 last week. On the supply side, the pledges add up to 18 million tonnes per year "lower carbon" hydrogen landing in global markets, displacing fossil hydrogen, conventional transport fuel and natural gas for industrial heating applications. On the demand side (including the use of lower carbon hydrogen for fertiliser, chemicals and explosives production), the pledges add up to 1.6 million tonnes. Of particular interest is Yara's pledge to source &/or produce at least 3 million tonnes of reduced carbon ammonia by 2030.


A review of global ammonia supply

The presentation will provide an overview of global ammonia supply. It will consider the geography and orientation of the current stock of supply, including captive use, merchant availability and proximity to seaborne markets. It will examine the extent to which there is currently spare ammonia capacity, and the responsiveness of supply to demand growth in different timeframes.