Weekly News Round Up 30/09

WEEKLY NEWS ROUND UP

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Hi everyone,

Welcome to another edition of our round up of green hydrogen and ammonia news.

Here are our top 5 news pieces for this week with key takeaways:

1. Green hydrogen, fuel cells important part of any future energy system, says global strategist - Green hydrogen, fuel cells important part of any future energy system, says global strategist (miningweekly.com)

? ? Key takeaways:

• ?“Without large amounts of hydrogen, it is very hard to see how the world will meet any of its climate targets” says Hart ??
• Dr David Hart leads the green #hydrogen and #fuelcell work of E4tech , which is part of the ERM Group of Companies
• The Economist reports that Europe is about to get its first new #steel mill in nearly half a century in Boden in Sweden, operated by Stegra . The new steel mill will employ 1800 people and will run on #greenhydrogen produced on site using #wind and #hydropower ??
• South Korea is the country furthest advanced legislatively, deploying an increasing number of hydrogen-powered mobile and stationary electricity-generating fuel cells ??
• “…there's still work to do in allowing the regulatory frameworks to operate in the best way to support green hydrogen and to support fuel cells, but there's definitely a lot of progress and a lot of interest,” says Hart ??
• “You know what the price of renewables is going to be, you know what the cost of hydrogen coming out is going to be, so even if it's a little bit higher, if it's stable, it's quite easy to work with, and something we're seeing more and more is that big users want stability”

2.Fertiliser maker Yara joins Norway's Hystar for green ammonia trial - Fertiliser maker Yara joins Norway's Hystar for green ammonia trial | Reuters

? Key takeaways:

• Global #fertiliser producer Yara International has joined a pilot project to test a new method of producing #greenammonia being developed by fellow Norwegian company Hystar ?
• The #HyPilot PEM #electrolyser project will be commissioned in the 2nd half of 2023
• Hystar says its technology will use 10% less energy compared to currently available models
• Yara's interest in the project is primarily around the use of #hydrogen for the production of #greenammonia , a key fertiliser component and potential future #zerocarbon shipping fuel option ??
• The pilot is intended to run for 10,000 hours using a 1MW containerised electrolyser - the smallest size in Hystar's portfolio - and is budgeted to cost 73.2 million Norwegian crowns ($6.75 million) ??

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3. Green hydrogen at sea on world-first offshore demonstrator platform - Green hydrogen at sea on world-first offshore demonstrator platform (miningweekly.com)

? Key takeaways:

• Lhyfe Hydrogen is developing the world’s first #offshore green hydrogen production demonstrator platform, named ‘Sealhyfe’, positioned offshore of France ??
• The platform will have capacity to produce up to 400kg of #renewable green hydrogen a day, equivalent to 1MW of power ??
• Offshore #wind turbines have the potential to allow all countries with a coastline, including South Africa, to access renewable green hydrogen for transport and industry #decarbonisation ??
• By 2030-2035, offshore could represent an additional installed capacity of around 3 GW for Lhyfe alone
• The #electrolyser for the platform was provided by Plug Power and is the first platinum PEM electrolyser capable of operating on a floating platform ??
• Lhyfe has relied on the Sem-Rev offshore testing site, with the production unit being installed on the Wavegem wave #energy platform developed by GEPS Techno
• Sealhyfe has had support from the French energy and #environmentagency ADEME and the Pays de la Loire Region

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4. H?egh Autoliners Commits to 5% Green Ammonia or Methanol Use by 2030 - H?egh Autoliners Commits to 5% Ammonia or Methanol Use by 2030 - Ship & Bunker (shipandbunker.com)

? Key takeaways:

• ?The #shipping company has committed to using #greenammonia or #greenmethanol, taking up 5% of its #bunker consumption by 2030 ??
• H?egh will run at least 5% of its #deepsea operations on one of the #fuels by 2030 ?
• The company has joined #decarbonisation group First Movers Coalition, which consists of over 50 companies from #hardtoabate sectors which are working together to commercialise #zerocarbon tech ?
• “The quest for a greener future is more important than ever, and something we must all contribute to” says CEO Andres Enger ??

5. AET and PTT in ammonia-powered aframax MoU - AET and PTT in ammonia-powered aframax MoU (seatrade-maritime.com)

? ? Key takeaways:

• Thai energy company PTT Group and owner operator AET have committed to develop a pair of #aframaxtankers capable of running on #greenammonia ??
• AET will choose a shipyard to build the vessels with slated delivery dates of Q4 2025 and Q1 2026 ??
• The #ships will be used by PTT for long-term charters ??
• AET said it hopes the initiative will provide a boost to the creation of a green ammonia corridor in Southeast Asia

Thank you for reading - please comment, like and share!

ATOME Energy PLC