Green Ammonia: Powering A Sustainable Future

Green Ammonia: Powering A Sustainable Future

Green ammonia is an alternative to conventional ammonia production methods (i.e. Haber-Bosch process). Green ammonia is produced from renewable sources of energy like solar or wind power, reducing greenhouse gas emissions during production. Green ammonia plays a critical role in minimizing carbon emissions in sectors like energy, agriculture, and transport. Green ammonia can be used to minimize these industries' carbon footprints and contribute to global sustainability.

Market outlook

As per recent market report the global green ammonia market size was estimated at USD 151.57 million in 2022 and is projected to reach USD 73,046.59 million by 2030, growing at a CAGR of 116.5% from 2023 to 2030.

Market drivers

  • Increasing awareness of eco-friendly production and reducing carbon footprints.
  • Government environmental regulations and sustainability goals that supports the demand for green ammonia as an eco-friendly production method.

Challenges

  • High production cost
  • Limitation of renewable energy availability
  • Infrastructure gaps – Limited storage, transport pipelines, and bunkering facilities for ammonia.

Recent Innovation by Key players

  • FuelPositive developed 'hydrogen ammonia synthesiser' system to produce zero-emissions green ammonia from renewable hydrogen. Source
  • PlasmaLeap, which recently raised $2.9 million to support the commercialisation of its ammonia production method, uses a “plasma bubble reactor” driven by nanosecond pulses that interface plasma directly with water. Source

Technology is transforming green ammonia production by automating processes, analyzing data, and optimizing resources for better energy efficiency, reduced emissions, and enhanced production scalability.

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