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Tag: Proton Ventures

Nitrogen Industry News

Proman has signed a memorandum of understanding (MoU) with Mitsubishi Corp to collaborate on the development of a blue ammonia plant at Lake Charles, Louisiana. This new facility will aim to produce around 1.2 million t/a of low carbon ammonia, making it one of the largest of its kind in the world. The plant will incorporate carbon capture and sequestration technology. Proman says that this development aligns with the company’s commitment to sustainability and reducing greenhouse gas emissions. The proposed ammonia plant will be located at Proman’s existing site in Lake Charles, adjacent to its gas-to-methanol plant, which is also currently being developed.

Converting clean ammonia back into hydrogen

Advances in clean hydrogen and ammonia production is fuelling worldwide interest in a new market for hydrogen and ammonia to provide a reliable low-carbon energy future. Ammonia cracking, the dissociation of ammonia back into hydrogen, delivers a pathway to large-scale sustainable hydrogen production. In this article KBR, Johnson Matthey, thyssenkrupp Uhde, Duiker, Proton Ventures and Casale report on their technologies and approaches to ammonia cracking in a low carbon economy.

Nitrogen Industry News

BASF says that its high-pressure regenerative CO2 capture technology HiPACT ® , codeveloped by BASF and engineering partner JGC Corporation will be used by INPEX, one of Japan’s largest exploration and production companies, in its Kashiwazaki Clean Hydrogen/Ammonia Project. This is Japan’s first demonstration project for the production of blue hydrogen/ammonia from domestically produced natural gas, the consistent implementation of carbon capture, utilisation and storage (CCUS) in domestic depleted gas fields and the use of hydrogen for power generation and ammonia production. The project is funded by the Japanese governmental organization New Energy and Industrial Technology Development Organization (NEDO).

Nitrogen Industry News

Maire Tecnimont’s innovation and licensing company Stamicarbon has been selected as the licensor for a urea project in sub-Saharan Africa, its first license in the region. Stamicarbon will deliver the process design package for the front-end engineering and design for a 4,000 t/d urea melt and granulation plant. The urea melt plant with a pool reactor will use Stamicarbon’s MP Flash design, a melt concept with improved energy efficiency, entailing a significant reduction of steam consumption. The minimal equipment items result in a significant reduction of the footprint and the overall capital cost of the plant. Less equipment also allows for a reduction in maintenance costs and OPEX savings.

Syngas News

A recent report from BloombergNEF (New Energy Foundation) looking ahead to 2050 argues that green hydrogen can be cheaper than natural gas. It finds that ‘green’ hydrogen from renewables should become cheaper than natural gas (on an energy-equivalent basis) by 2050 in 15 of the 28 markets modelled, assuming scale-up continues. These countries accounted for one-third of global GDP in 2019. In all of the markets BNEF modelled, ‘green’ hydrogen should also become cheaper than both ‘blue’ hydrogen (from fossil fuels with carbon capture and storage – CCS) and even ‘grey’ hydrogen from fossil fuels without CCS. The cost of producing ‘green’ hydrogen from renewable electricity should fall by up to 85% from today to 2050, the report predicts, leading to costs below $1/kg ($7.4/MMBtu) by 2050 in most markets. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than their previous 2050 forecast. Falling costs of solar photovoltaic (PV) electricity are the key driver behind the reduction; BNEF now believes that PV electricity will be 40% cheaper in 2050 than they had thought just two years ago, driven by more automatic manufacturing, less silicon and silver consumption, higher photovoltaic efficiency of solar cells, and greater yields using bifacial panels.

People

Hans Vrijenhoef has stepped down as Chief Executive Officer of Proton Ventures with immediate effect. He will continue to serve as non-executive chairman of the management board for at least another three years to support the growth of the existing business of green ammonia production technologies. Paul Baan succeeded Hans Vrijenhoef as of April 1st, 2021. Baan has served in leadership positions at Ørsted and EON. He is an engineer by background who has a strong understanding of Power to X technology and business cases.