The world needs a clean energy transition
Yara is uniquely positioned to enable the hydrogen economy in a market expected to grow by 60 percent over the next two decades
The world needs a clean energy transition
Yara is uniquely positioned to enable the hydrogen economy in a market expected to grow by 60 percent over the next two decades
Ammonia, which does not emit CO2 when burned, is expected to become a next-generation fuel as it contains properties ideally suited for the hydrogen economy. Ammonia does not require cooling to extreme temperatures, and has a higher energy density than liquid hydrogen, making it more efficient to transport and store. Furthermore, producing ammonia with renewable energy results in zero or minimal greenhouse gas emissions.
Watch the video to learn more about clean (blue and green) ammonia.
Very low greenhouse gas emissions at production and no CO2 emissions at use
The perfect future proof shipping fuel and building block for fertilizer for the future
An effective future energy source
Building on its long experience and leading position within logistics, optimization and trade, Yara has now established Yara Clean Ammonia (YCA) as a separate unit and stated that an IPO will be evaluated. The existing strong midstream position of YCA creates a pole position for development of new downstream market segments and an excellent basis for development of the Upstream ownership positions in competitive clean ammonia projects, like through the joint venture with Enbridge that was recently announced. The new clean ammonia segments being developed will fundamentally speed up the growth of the ammonia business. Those new segments are for shipping fuel, power production, ammonia as hydrogen carrier and clean fertilizer for food segments. YCA will contribute to the development of the first three segments, while Yara will be responsible for development of the fourth.
With project HEGRA (Herøya Green Ammonia), Yara aims to electrify and decarbonize the ammonia plant in Porsgrunn, Norway. The project will reduce CO2-emissions by 800,000 tonnes annually.
Yara Clean Ammonia has teamed up with several clean energy companies including ENGIE, Idemitsu Kosan, Jera, Kyushu Electric Power, Trafigura and Ørsted to enable the production of clean ammonia. Click below to learn more about some of our partnerships.
Yara and Trafigura intends to collaborate on the development and promotion of the use of ammonia as a clean fuel in shipping.
Read the press releaseYara and JERA have signed a MoU to collaborate on clean ammonia to decarbonize power production in Japan.
Read the press release“No one is better positioned than Yara to capture value in the clean ammonia market, as the world's second largest ammonia producer, with the world's largest export and trading network.”
