Ammonia India

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Green Ammonia: A Promising Future Fuel to Replace Fossil Fuels

Industry Overview and Growth Projections

The global ammonia industry is poised for significant growth, projected to reach a value of $23,088 million by 2030, representing a 23% increase.

In India, which has set a net-zero target for 2070, there is growing demand for low-carbon energy solutions, driving the adoption of green ammonia.

Strategic Partnerships and Supply Chain

AM Green, a joint venture between Indian energy conglomerate Adani Group and leading European energy company Fortescue Future Industries (FFI), has established supply chains from India to Europe and Asia.

Through these partnerships, AM Green aims to capture a significant market share and cater to the growing demand for green ammonia in these regions.

Key Applications and Potential

• Green ammonia can be used as a low-carbon fuel for power generation and transportation.
• It has the potential to replace fossil fuels in various industrial processes, such as fertilizer production and steelmaking.
• Green ammonia can also be used as a storage medium for renewable energy, helping to balance intermittent supply from sources like solar and wind power.

Environmental Benefits and Sustainability

Green ammonia, produced using renewable energy sources, offers significant environmental advantages over traditional ammonia production methods, which rely heavily on fossil fuels.

By eliminating carbon emissions from the production process, green ammonia contributes to the global effort to mitigate climate change.

Future Outlook and Targets

AM Green has set ambitious targets for green ammonia production, aiming to produce 5 million tonnes annually by 2030.

This production capacity is equivalent to the annual energy content of approximately 1 million tonnes of fossil fuels, further underscoring the potential of green ammonia to drive the transition to a low-carbon future.