Norway: Decarbonization Yara Secures 31 Million Dollar Funding for Green Ammonia Production at its Herøya Plant
Yara is all set to produce green ammonia at its Herøya plant in Norway by making use of hydrogen based on renewable energy. The plant is expected to produce enough hydrogen to produce 20,500 tons of ammonia annually thus, making it one of the world’s largest projects producing green ammonia.
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Oslo/Norway – Yara has been granted 31 million dollars (NOK 283.25 million) from Enova for the development of an initiative to produce green ammonia. With this, Yara officially takes the first step towards full decarbonization of the ammonia plant at Herøya in Porsgrunn, Norway.
Yara’s fertilizer factory at Herøya is one of Norway's largest sources of CO2 emissions outside the oil and gas industry, releasing 800,000 tons of CO2 annually. A crucial element in fertilizer production is hydrogen, which is converted into ammonia. Today, the hydrogen is produced using liquefied fossil gas. By producing hydrogen based on renewable energy, Yara will be able to create emission-free ammonia.
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“Norway has the unique opportunity to take a leading position in the green transition, but the window of opportunity is limited. Green ammonia is a versatile, climate friendly input factor and hydrogen energy carrier. Emission free ammonia is the key to reducing emissions from world food production and long-distance shipping,” says Svein Tore Holsether, CEO of Yara.
Yara's corporate board has made the decision to invest in the 24 MW demonstration plant, where the technology will be demonstrated and quality assured. This plant will be one of the largest projects producing green ammonia in the world.
Renewable energy will replace fossil fuels and thereby reduce CO2 emissions by approximately 41,000 tons per year. The plant will produce enough hydrogen to produce 20,500 tons of ammonia per year, which converts into between 60,000 and 80,000 tons of green fossil free mineral fertilizer.
The project aims to supply the first green ammonia products to the market as early as mid-2023, both as fossil free fertilizer, as well as fuel for ships.
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