It can be presumed that “surplus, spill, or constrained” electricity – such as that produced by hydropower generators during seasons of abundant rainfall or wind generators at night – can be had for prices below the benchmarks cited above. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through primary research. Many ammonia energy advocates see renewable-electricity-to-ammonia as the ultimate in sustainability. In the second scenario, competitiveness is achieved with a carbon price of $25 per ton when the price of electricity is $0.02 per kWh. Many stakeholders believe that the economics of producing ammonia from biogas or biomass are the most promising. Europe is the fastest-growing region during the forecasted period owing to increasing government regulations and policies to promote green hydrogen to cut carbon emissions. Asia Pacific, North America, Europe, and rest of the World, Siemens (Germany), thyssenkrupp (Germany), Nel Hydrogen (Norway), MAN Energy Solutions (Germany), Green Hydrogen Systems (Denmark), McPhy Energy (France), Electrochaea (Germany), Hydrogenics (Canada), ITM Power (UK), Uniper (Germany), Yara International (Norway), BASF (Germany), Queensland Nitrate, Pty Ltd. (Australia), Enapter (Germany), Haldor Topsoe (Denmark), Hiringa Energy (New Zealand), ENGIE (France). Green Ammonia and H2@Scale: An Industry Perspective presentation by Stephen Szymanski, Proton OnSite, at the H2@ Scale Workshop, held May 23 24, 2017, in … What are the major drivers for the green ammonia market? All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. . Renewable Ammonia Project 2020 2025 2030 2035) Year Cost Comparison - Renewable H2 Vs Fossil H2 No Govt. “Green” does not inherently mean “more costly.”. Thus, such factos hamper the growth for green ammonia market. In an email exchange, the company’s Chief Executive, Chris Bronsdon, confirmed that Eneus is not staking its fortunes on the widespread, near-term adoption of carbon-pricing. electricity, ammonia production can be made completely carbon-free. This fact places the question of green-ammonia economics in an encouraging light, even with the inevitable differences in feedstocks, processes, and scales. Green ammonia production processes are investigated and compared with state-of-the-art methane-to-ammonia process. In this scenario, carbon-free ammonia is essentially unable to compete. Hence, this is the method of green ammonia production that might benefit most from a price on carbon emissions. Under the current situations, fossil power generation have faced immense challenges in terms of revenues, projects, CAPEX, and installations. Many ammonia energy advocates believe that ammonia will not find its footing as an energy carrier until carbon pricing has truly taken hold in important markets. The electrochemical Haber-Bosch process produces ammonia without any greenhouse emissions. - 63)    8.1 INTRODUCTION         FIGURE 22 EUROPEAN COUNTRIES ARE EXPECTED TO EXHIBIT RELATIVELY HIGHER GROWTH RATE DURING FORECAST PERIOD        TABLE 11 GREEN AMMONIA MARKET, BY REGION, 2018–2030 (USD THOUSAND)    8.2 EUROPE         FIGURE 23 EUROPE: GREEN AMMONIA MARKET OVERVIEW, 2019           8.2.1 MACRO FACTORS                    8.2.1.1 Ammonia production                            TABLE 12 EUROPE: AMMONIA PRODUCTION, BY COUNTRY, 2015–2019 (THOUSAND TONS)                    8.2.1.2 Hydrogen generation                            TABLE 13 EUROPE: HYDROGEN GENERATION, BY COUNTRY, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                    8.2.1.3 Installed renewable capacity                            TABLE 14 EUROPE: INSTALLED RENEWABLE CAPACITY, BY COUNTRY, 2015–2019 (MW)                    8.2.1.4 Greenhouse gas emissions                            TABLE 15 EUROPE: GREENHOUSE GAS EMISSIONS, BY COUNTRY, 2013–2017 (MILLION TONS OF CO2)           8.2.2 BY TECHNOLOGY                 TABLE 16 EUROPE: GREEN AMMONIA MARKET: BY TECHNOLOGY, 2018–2030 (USD THOUSAND)           8.2.3 BY END USER                 TABLE 17 EUROPE: GREEN AMMONIA MARKET: BY END USER, 2018–2030 (USD THOUSAND)                    8.2.3.1 End user by country                            TABLE 18 TRANSPORTATION: EUROPE GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSAND)                            TABLE 19 POWER GENERATION: EUROPE GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSAND)                            TABLE 20 INDUSTRIAL FEEDSTOCK: EUROPE GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSAND)           8.2.4 BY COUNTRY                 TABLE 21 EUROPE: GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSANDS)                    8.2.4.1 Germany                               8.2.4.1.1 Increase in demand for energy storage systems, such as fuel cells, expected to drive green ammonia market in Germany                               8.2.4.1.2 Macro factors                                         TABLE 22 GERMANY: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 23 GERMANY: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 24 GERMANY: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 25 GERMANY: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.2.4.1.3 By end user                                         TABLE 26 GERMANY: GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)                    8.2.4.2 UK                               8.2.4.2.1 Investments in green fuel, zero-carbon aviation, and agriculture drive demand for green ammonia                               8.2.4.2.2 Macro factors                                         TABLE 27 UK: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 28 UK: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 29 UK: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 30 UK: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.2.4.2.3 By end user                                         TABLE 31 UK: GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)                    8.2.4.3 Norway                               8.2.4.3.1 Efforts for decarbonizing maritime industry drives green ammonia market in Norway                               8.2.4.3.2 Macro factors                                         TABLE 32 NORWAY: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 33 NORWAY: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.2.4.3.3 By end user                                         TABLE 34 NORWAY: GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)                    8.2.4.4 Denmark                               8.2.4.4.1 Investments in green fuel and large-scale green energy plans drive green ammonia market in Denmark                               8.2.4.4.2 Macro factors                                         TABLE 35 DENMARK: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 36 DENMARK: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.2.4.4.3 By end user                                         TABLE 37 DENMARK: GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)                    8.2.4.5 Netherlands                               8.2.4.5.1 Favorable government policies and initiatives to produce green hydrogen expected to drive demand for green ammonia                               8.2.4.5.2 Macro factors                                         TABLE 38 NETHERLANDS: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 39 NETHERLANDS: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 40 NETHERLANDS: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 41 NETHERLANDS: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.2.4.5.3 By end user                                         TABLE 42 NETHERLANDS: GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)    8.3 ASIA PACIFIC            8.3.1 MACRO FACTORS                    8.3.1.1 Ammonia production                            TABLE 43 ASIA PACIFIC: AMMONIA PRODUCTION, BY COUNTRY, 2015–2019 (THOUSAND TONS)                    8.3.1.2 Hydrogen generation                            TABLE 44 ASIA PACIFIC: HYDROGEN GENERATION, BY COUNTRY, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                    8.3.1.3 Installed renewable capacity                            TABLE 45 ASIA PACIFIC: INSTALLED RENEWABLE CAPACITY, BY COUNTRY, 2015–2019 (MW)                    8.3.1.4 Greenhouse gas emissions                            TABLE 46 ASIA PACIFIC: GREENHOUSE GAS EMISSIONS, BY COUNTRY, 2013–2017 (MILLION TONS OF CO2)           8.3.2 BY TECHNOLOGY                 TABLE 47 ASIA PACIFIC: GREEN AMMONIA MARKET: BY TECHNOLOGY, 2018–2030 (USD THOUSAND)           8.3.3 BY END USER                 TABLE 48 ASIA PACIFIC: GREEN AMMONIA MARKET: BY END USER, 2018–2030 (USD THOUSAND)                    8.3.3.1 End user, by country                            TABLE 49 TRANSPORTATION: ASIA PACIFIC GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSAND)                            TABLE 50 POWER GENERATION: ASIA PACIFIC GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSAND)                            TABLE 51 INDUSTRIAL FEEDSTOCK: ASIA PACIFIC GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSAND)           8.3.4 BY COUNTRY                 TABLE 52 ASIA PACIFIC: GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSANDS)                    8.3.4.1 Australia                               8.3.4.1.1 Increase in demand for low-carbon green hydrogen driving growth of green ammonia market                               8.3.4.1.2 Macro factors                                         TABLE 53 AUSTRALIA: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 54 AUSTRALIA: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 55 AUSTRALIA: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 56 AUSTRALIA: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.3.4.1.3 By end user                                         TABLE 57 AUSTRALIA: GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)                    8.3.4.2 Japan                               8.3.4.2.1 Increase in demand for alkaline electrolyzers to conduct water electrolysis driving growth of green ammonia market                               8.3.4.2.2 Macro factors                                         TABLE 58 JAPAN: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 59 JAPAN: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 60 JAPAN: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 61 JAPAN: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.3.4.2.3 By end user                                         TABLE 62 JAPAN: GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)                    8.3.4.3 New Zealand                               8.3.4.3.1 Increasing adoption of electric vehicles leads to renewable energy deployment at larger scale, which brings opportunities for green ammonia market                                         TABLE 63 NEW ZEALAND: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 64 NEW ZEALAND: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 65 NEW ZEALAND: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 66 NEW ZEALAND: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.3.4.3.2 By end user                                         TABLE 67 NEW ZEALAND: GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)    8.4 NORTH AMERICA            8.4.1 MACRO FACTORS                    8.4.1.1 Ammonia production                            TABLE 68 NORTH AMERICA: AMMONIA PRODUCTION, BY COUNTRY, 2015–2019 (THOUSAND TONS)                    8.4.1.2 Hydrogen generation                            TABLE 69 NORTH AMERICA: HYDROGEN GENERATION, BY COUNTRY, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                    8.4.1.3 Installed renewable capacity                            TABLE 70 NORTH AMERICA: INSTALLED RENEWABLE CAPACITY, BY COUNTRY, 2015–2019 (MW)                    8.4.1.4 Greenhouse gas emissions                            TABLE 71 NORTH AMERICA: GREENHOUSE GAS EMISSIONS, BY COUNTRY, 2013–2017 (MILLION TONS OF CO2)           8.4.2 BY TECHNOLOGY                 TABLE 72 NORTH AMERICA: GREEN AMMONIA MARKET: BY TECHNOLOGY, 2018–2030 (USD THOUSAND)           8.4.3 BY END USER                 TABLE 73 NORTH AMERICA: GREEN AMMONIA MARKET: BY END USER, 2018–2030 (USD THOUSAND)                    8.4.3.1 End user, by country                            TABLE 74 TRANSPORTATION: NORTH AMERICA GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSAND)                            TABLE 75 POWER GENERATION: NORTH AMERICA GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSAND)                            TABLE 76 INDUSTRIAL FEEDSTOCK: NORTH AMERICA GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSAND)           8.4.4 BY COUNTRY                 TABLE 77 NORTH AMERICA: GREEN AMMONIA MARKET: BY COUNTRY, 2018–2030 (USD THOUSANDS)                    8.4.4.1 US                               8.4.4.1.1 Increasing government support and developing hydrogen infrastructure fueling green ammonia market growth                               8.4.4.1.2 Macro factors                                         TABLE 78 US: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 79 US: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 80 US: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 81 US: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.4.4.1.3 By end user                                         TABLE 82 US: GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)                    8.4.4.2 Canada                               8.4.4.2.1 Increasing fuel cell power generation boosting demand for green hydrogen in Canada                                         TABLE 83 CANADA: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 84 CANADA: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 85 CANADA: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 86 CANADA: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.4.4.2.2 By end user                                         TABLE 87 CANADA: GLOBAL GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)                    8.4.4.3 Mexico                               8.4.4.3.1 Large scale refining operations expected to drive demand for green ammonia market.