Murali Srinivasan, head of economic at Yara Clean Ammonia and Christian W. Berg, managing director at Amogy Norway signal an MOU to contemplate Amogy’s ammonia-to-power expertise in future delivery initiatives with YCA and exterior companions.
Brooklyn, N.Y. based mostly excessive tech start-up Amogy Inc. studies that its progressive ammonia-to-power system for maritime functions is to be thought-about for future delivery initiatives with Oslo-headquartered Yara Clean Ammonia (YCA).
Yara Clean Ammonia (YCA), is a decarbonization-focused subsidiary of main world ammonia producer, Yara International ASA, which trades about one-third of the world’s ammonia and has crops internationally.
Under a not too long ago signed memorandum of understanding (MOU), YCA will contemplate Amogy’s ammonia-to-power system as a zero-emissions answer to be used inside future delivery initiatives. The corporations will even pursue alternatives with exterior companions, together with shipowners, for Amogy to ship its proprietary expertise and for YCA to ship clear ammonia.
YCA has ambitions to commercialize the appliance of low carbon blue and renewable inexperienced ammonia to allow decarbonization of onerous to abate industries, together with the appliance of fresh ammonia as a marine gasoline. YCA is presently constructing an ammonia bunkering community in Scandinavia with its first bunker barge set to be operational in 2024.
Amogy’s proprietary ammonia-to-power platform makes use of a singular ammonia cracking expertise by which hydrogen is extracted from ammonia on-board to be used in a gasoline cell. As we reported not too long ago introduced the primary business deployment of the expertise will probably be in a U.S. inland waterways ammonia tank barge in 2023, in partnership with Southern Devall.
“This collaboration with Yara Clean Ammonia is a natural next step for Amogy following the establishment of our Norway operations earlier this year,” mentioned Seonghoon Woo, co-founder and CEO of Amogy. “YCA operates a vast global ammonia network and understands the value of the compound as a next-generation fuel to decarbonize hard-to-abate sectors, like shipping. This agreement provides a fantastic opportunity for Amogy to work alongside innovators in this space to support further demonstrations of our technology in maritime vessels.”
As Amogy pursues commercialization of its expertise in oceangoing vessels, YCA and Amogy will collaborate for on efforts that together with potential integrations in tugboats, barges, offshore provide vessels and different ships.
“Amogy’s work with Yara Clean Ammonia will provide us with more opportunities to demonstrate and deliver ammonia-to-power technologies to the maritime sector,” mentioned Christian Berg, managing director at Amogy Norway. “As a former member of their team, I’m very familiar with YCA’s commitment to driving innovation in ammonia production and transportation to support cleaner shipping and food production. With access to YCA’s ammonia and partner portfolio, Amogy can introduce proven zero-carbon fueling opportunities to more changemakers around the world and move toward our goal of decarbonizing the transportation industry by 2050.”
Founded in 2020 by 4 MIT Ph.D alumni with a shared imaginative and prescient, Amogy’s traders embody Amazon’s Climate Pledge Fund, AP Ventures, SK Innovation, Saudi Aramco Energy Ventures and DCVC.
