Speaking at a gasworld webinar last year, Joel Moser, CEO of First Ammonia discussed the role of ammonia and how it saved humanity from the brink of starvation a century ago as a fertiliser, and how it could save it once again by playing a role in decarbonisation.
He said, “Nowadays, ammonia, as a carrier of the hydrogen molecule can be what we are calling the workhorse of the hydrogen economy. Hydrogen has the ability to be used as a dependent energy source. It’s our view that the extensive build out of renewable power, along with the extensive build out and adoption of green ammonia, and in a larger sense, green hydrogen, the vast majority of the challenges that we face from climate change can be solved.”
With demand for the transportation and storage of hydrogen growing globally, industries are searching for sustainable carriers, with ammonia stepping up as one of the most appealing means of transportation to help achieve ambitious clean energy goals.
The European Union (EU) targets the importation of 10 million tonnes of green hydrogen and its derivatives by 2030 to cut Russian oil reliance, whilst global hydrogen demand reached 94 million tonnes in 2021, according to the International Energy Agency (IEA).
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