Letter from Copenhagen: Place your hydrogen bets
The stakes are high for project developers as they choose which hydrogen molecule or derivative with which to target future markets
Green ammonia, e-fuels, gaseous hydrogen, liquid hydrogen, sustainable aviation fuel (SAF) or other derivatives. That is the choice facing many upstream project developers and their financiers in the rapidly growing clean hydrogen space as they try to bet on which products will win out over the coming decades. In terms of capacity, the current project pipeline is weighted towards production of green ammonia, capacities for which tend to be larger. Ammonia can be shipped globally via an established seaborne market for grey ammonia and has some existing direct applications, though cracking it back to hydrogen for other uses at scale presents challenges. “If you want to transport hydrogen
Also in this section
18 October 2024
Project in northeast of country set to start up in 2025 as developer signs technology deal with Icelandic firm Carbon Recycling International
17 October 2024
Experts debate carbon pricing and fossil fuel subsidies in the MENA region on second day of summit
17 October 2024
Keynotes on first day of Dii Desert Energy Leadership Summit celebrated 15 years of progress and outlined strategies for accelerating clean energy
17 October 2024
Kingdom’s national energy and chemicals company is investing in technology and infrastructure to support the establishment of the low-carbon hydrogen value chain and make its widespread use a reality