Green Ammonia
Zero-Carbon
Marine Fuel
Green fuels (ammonia and/or methanol) are expected to meet 30% of marine fuel demand to meet IMO low-GHG emission targets. Current IMO GHG emission targets could be modified to reach net-zero by 2050.
Market Size: >150 MTPA by 2050 (or 500 MTPA by 2050 if IMO targets change)
Zero-Carbon
Power Generation
Green ammonia can be combusted to generate electricity. In addition, green ammonia can be blended with coal to reduce the emissions of existing coal-fired power plants.
Market Size: >100 MTPA by 2050
Zero-Carbon
Fertilizer
Green ammonia can displace conventionally produced ammonia industrial products (80% fertilizers) that generate 1.4% of global CO2 emissions.
Market Size: >250 MTPA by 2050
