Ammonia has a number of advantages as a hydrogen carrier
Norway funds floating ammonia-to-hydrogen project
The government has provided a project led by Hoegh LNG and Wartsila with NOK60mn, equivalent to 50pc of expected costs
An ammonia-to-hydrogen project led by Norway’s Hoegh LNG and Finland’s Wartsila has received NOK60mn ($5.78mn) in funding from the Norwegian government, equivalent to 50pc of the expected cost. The project aims to develop a system installed onboard a floating receiving terminal that can convert ammonia to hydrogen. “As a world leading provider of fast-track floating LNG terminals, we are well-positioned to support the transition to clean, carbon-free energy. New and innovative solutions will need to be developed, and we look forward to working together to ensure we remain at the forefront of the energy transition,” says Erik Nyheim, CEO of Hoegh LNG. The firm aims to ensure future terminals
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory
