Sunday, June 26 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Jun 20
Week of Jun 13
Week of Jun 06
Week of May 30
Week of May 23
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Burning ammonia with coal for power could create USD-100bn market by 2050

    May 18, 2022 - SeeNews Renewables


      May 18 (Renewables Now) - A 10% ammonia co-firing in coal plants globally could result in 200 million tonnes of ammonia demand by 2050, representing a potential market opportunity of USD 100 billion (EUR 95bn), according to Wood Mackenzie.

      As security and diversity of supply have become more important amid elevated commodity prices, the ability to co-fire ammonia or low-carbon hydrogen in thermal generation is getting more attractive, the analyst firm says. And it could be an additional decarbonisation measure for the power sector.

      “When looking at power generation, ammonia is one available option to be used directly either by itself or by co-firing with no reconversion cost needed,” said Prakash Sharma, vice president of multi-commodity research at Wood Mackenzie. He was speaking at the APPEA conference today in Brisbane.

      Japanese power utilities are at the forefront of co-firing ammonia in both coal- and gas-fired power plants, with commercial operations expected to start around 2025.

      Wood Mackenzie projects that the delivered cost of low-carbon ammonia to Japan would fall 60% from current levels to under USD 500 per tonne by 2050. Blue and green hydrogen from Australia, Canada, Chile and the Middle East were taken into account in this estimate. The firm expects that falling costs combined with supportive policies will reduce the levelised cost of electricity (LCOE) to USD 90 per MWh by 2050.

      (USD 1 = EUR 0.949)


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.