Herøya,
– Aker, Yara and Statkraft have established HEGRA with the ambition of creating new industry in
Green ammonia, produced using renewable energy, would enable the production of carbon-free fertilizer, and is a promising zero-emission fuel for the maritime sector. HEGRA will contribute to creating a new industry based on a regional hydrogen and ammonia market, whilst ensuring the survival and competitiveness of the Norwegian maritime and processing industries.
– HEGRA is more than a new industrial company, it is Norway’s largest climate initiative. The decarbonization project will reduce CO2-emissions by 800,000 tonnes annually, equivalent to 300,000 fossil-fueled cars. It marks the beginning of developing a Norwegian value chain for green ammonia and hydrogen, says
The maritime and processing industries in
The costs of emissions in the processing industry are expected to increase in the international market as a result of regulations and customer demands. To achieve the necessary emission reductions, the Norwegian industry and maritime sector need access to clean hydrogen and ammonia.
HEGRA brings together Norway’s foremost experts in ammonia, project development and energy markets. Provided that power is available at site and the required public co-funding is in place, the project could be realized already 5-7 years from now.
– HEGRA is geared specifically at meeting the ambition of the European Commission’s «Fit for 55» package, which aims to reduce EU emissions by 55 per cent by 2030. HEGRA will give
The Norwegian maritime industry is set to cut their emissions in half by 2030. Access to emission-free fuel will be key to reach this goal. The existing global infrastructure for ammonia will facilitate Norwegian green ammonia to become a global commodity immediately. With renewable energy in abundance,
A report published in 2020 by
- The timing of HEGRA is important because it will be key to establish a well-functioning domestic and regional market before the global demand for ammonia increases. We look forward to engaging with authorities and the industry on how to realize one of the first large-scale industrial projects within green hydrogen and ammonia in
HEGRA is launched at Adminiet Porsgrunn today, 16 August at 11 CET by the CEOs
For further information, contact:
Yara:
Aker Horizons:
Statkraft:
Attachments
- Hegra Herøya
- Hegra CEOs
- Hegra,
Auke Lont
© OMX, source