Rising LNG prices expected to increase India’s fertilizer subsidy bill

India’s heavy reliance on imported liquified natural gas (LNG) as a fertilizer feedstock exposes the nation’s balance sheet to ongoing global gas price hikes, increasing the government’s fertilizer subsidy bill, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). By shifting away from expensive LNG imports for fertilizer production

Green hydrogen has received political recognition

The Union government’s announcement of a new green hydrogen and green ammonia strategy, aimed at increasing domestic green hydrogen production to 5 million tonnes by 2030 and establishing India as a clean fuel export hub, has been a godsend to the green hydrogen sector. Despite the fact that green hydrogen is considered as an environmental

More incentives needed for green hydrogen policy, say experts

The ‘Green Hydrogen’ policy announced by the government on Thursday incentivises producers of this form of power but only partially, say experts. A notification by the Power Ministry on Thursday says that manufacturers of green hydrogen or ammonia may purchase renewable power from the power exchange or set up renewable energy capacity themselves or through

India to waive transmission costs for green hydrogen manufacturers

“Green hydrogen manufacturers can set up renewable energy capacity by themselves. We will give them free transmission until 2025 and banking for 30 days,” Power Minister R.K. Singh said. Banking allows renewable energy producers to transmit unused electricity to the grid, which can subsequently be used whenever needed, he said, adding that transmission charges would

Is green ammonia fit to decarbonise shipping?

Fuels such as liquefied natural gas, methanol and hydrogen are being considered to decarbonise the shipping industry. But some experts believe green ammonia also has potential due to its unique makeup. Green ammonia, or e-ammonia, is produced by combining nitrogen from the air with green hydrogen, which is produced using renewable electricity-powered electrolysers that split

Kuehne+Nagel partners with Aker to offer green fuels for container shipping

Swiss-based logistics giant Kuehne+Nagel has teamed up with Norwegian green fuel producer Aker Clean Hydrogen to include hydrogen, ammonia and methanol in its container shipping portfolio. With the first vessels with engines that can run on these fuel alternatives expected to hit the waters in 2024, the companies said will work together to help scale

Harnessing ammonia as ship fuel

Ammonia is one of the most promising future fuels in the maritime world, but introducing it to the fuel mix is far from straightforward. What are some of the biggest challenges that need to be overcome? And what are DNV and other companies doing to tackle them? It smells pungent and if a mere 0.5

Ammonia as a storage solution for future decarbonised energy systems

Storing large volumes of energy for prolonged periods of time in a transportable form can significantly assist decarbonized energy and power systems. Specifically, apart from offering the possibility for connecting energy sources with consumers, periodic and seasonal transportable storage can balance the energy system at times when climatic conditions are unfavourable. This could allow for

World’s first ammonia-ready vessel delivered

The ABS-classed Suezmax has a deadweight tonnage of 156,700. The eco-friendly vessel was ordered in autumn 2020, according to data provided by VesselsValue. Currently conventionally fuelled, the vessel complies with the ABS Ammonia Ready Level 1 requirements, indicating it is designed to be converted to run on ammonia in the future. The 170,811 cbm tanker

Wärtsilä launches major test programme towards carbon-free solutions

The technology group Wärtsilä continues to lead the ongoing transformation of the energy and marine sectors towards carbon-free solutions through its future fuel development work. The company is pioneering the adoption of hydrogen and ammonia as viable engine fuels through advanced testing in Wärtsilä’s fuel-flexible combustion engines. Hydrogen and ammonia contain no carbon, meaning the