Wednesday, July 26, 2023

$4.6 billion plant in South Africa will make ‘the fuel of the future’

In Nelson Mandela Bay, in the Eastern Cape of South Africa, thousands of hectares of land could one day become the world's largest green ammonia plant.

Prominent among them is the use of ammonia as fuel, which could help decarbonize the shipping sector.

'A completely green process' The process to make green ammonia is quite simple, Loubser says, requiring just water, air and energy.

According to the International Energy Agency, ammonia will need to account for 45% of the global energy demand for shipping in 2050, for net zero scenarios to realize, which means it's an essential component of a greener future.

Green ammonia could also be burned in existing coal-fired power plants to quickly reduce their CO2 emissions, the study notes, or in plants customized to run entirely on ammonia.

Many of the systems that will make use of green ammonia - including ship engines - are still under development, which is why production levels are low at the moment.

Production is expected to boom: according to a report by Precedence Research, the green ammonia market accounted for just $36 million in 2021, but will grow to $5.4 billion by 2030.. 

https://www.egyptindependent.com/4-6-billion-plant-in-south-africa-will-make-the-fuel-of-the-future/

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