Q&A: H2Carrier to scale green ammonia production capacity to 850,000 mt/year

Mårten Lunde, chief executive of Norway-based H2Carrier, provides us with an update on the company's large-scale floating facility that will soon be built to produce hydrogen and ammonia at large scale.

PHOTO: Prototype of H2Carrier's floating green hydrogen and ammonia production facility. H2Carrier

What is the update on the project so far? When will you commence producing green ammonia, and what are your production targets for this year?

At the moment, we are in the process of maturing several P2X projects. The final investment decision (FID) is not expected to be made this year. As construction will take approximately three years, it is expected that production will begin around 2026-27.

You have committed to producing 100,000-230,000 mt/year of green ammonia. Is there a way you can expand your green ammonia production beyond 300,000 mt/year?

Due to the growing size of the projects we are working on, we are now updating the design of the P2XFloater to include production capacities of up to 850,000 mt/year.

The last time we spoke you said that you planned to export the majority of the produced ammonia. Which regions are you targeting?

The main regions for exports would be Europe, Japan, and Southeast Asia, and the US and Canada. We keep a close eye on all of these markets, so we expect a global price for green ammonia in the long run with limited regional variations.

What fuel will your P2XFloater vessel be powered with? Is it ready for green ammonia?

There has been no final decision, but keep in mind that the P2XFLoater will remain at one location for a very long period of time (15-25 years) without the need to move during that time.

There are a few ammonia-ready vessels on order globally, and these could be fuelled with green ammonia when the fuel becomes available at scale and at the right price. Have you received any buyer interest for future green ammonia bunker operations?

We are not actively pursuing the ammonia bunkering market at present. Currently, we are concentrating on meeting the existing demand for ammonia, which at present is 100% grey and needs to be decarbonised.

By Konica Bhatt

Please get in touch with comments or additional info to news@engine.online