Nium reposted this
Clean ammonia supply could grow 22 to 30-fold this decade, reaching up to 32 million metric tons of capacity in 2030. According to new research by BNEF: ◾ 92% of the new ammonia supplies added between 2024 and 2030 will be clean. ◾ The traded clean ammonia market could reach 11 million metric tons in 2030, based on incentives in importing markets. ◾ $45 per metric ton of profits could be made by an ammonia producer by retrofitting an existing plant with carbon capture. 🔗 Read more: https://bloom.bg/3XdvV42 #CleanAmmonia #SupplyOutlook
Experienced Key Account Manager and Trusted advisor within Renewables and the Energy Sector
2moIt looks like it will depend on subsidies/tax benefits for the rest of the decade. How is the learning curve? Could we see any reductions of the costs in a foreseeable future?