Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

EVENTS

HOME > EVENTS


IEA report: green electricity could produce ammonia at competitive cost

November 9, 2017


Abstract : The cost of ammonia produced from green electricity, which requires only air and water, would be competitive compared with that of natural gas-based ammonia

BEIJING, Nov. 9 (Xinhua) -- The cost of ammonia produced from green electricity, which requires only air and water, would be competitive compared with that of natural gas-based ammonia, according to the report “Renewable Energy for Industry” jointly released by the International Energy Agency (IEA) and China Economic Information Service (CEIS) of Xinhua News Agency on Thursday.

The report suggests that under the most favorable conditions, the cost of producing green ammonia would be around USD 400 per tonne of ammonia (/tNH3), assuming an electricity price of USD 30 per megawatt hour (/MWh) if electricity is available in large enough quantities for the load factor of the electrolysers to be at least 50 percent. The cost under less ideal circumstances would be USD 700/tNH3 with electricity at USD 60/MWh and an electrolyser load factor of 30 percent.

In comparison, natural gas-based ammonia production ranges in cost from about USD 200/t NH3 to USD 600/tNH3, depending when and where it is produced. The cost in the United States is currently as low as USD 200/tNH3 owing to abundant and inexpensive shale gas, between USD 350/tNH3 and USD 400/tNH3 in Europe, and higher in Asian markets. It entails CO2 emissions of 1.7 tCO2/tNH3.

According to the report, ammonia could be shipped from the best resource areas at a cost of USD 40/tNH3 to USD 60/tNH3 depending on distance and vessel size, and would thus remain competitive with ammonia produced in areas with lower-quality resources. Moreover, ammonia-based solid fertilisers or other finished or semi-finished products such as urea could be shipped at significantly lower costs. Overall, green ammonia could be more affordable than conventionally produced ammonia in some cases. (Edited by Zhou Yuran)


Related Coverage

Focus

Think Tank

  • The Chinese Race to Artificial Intelligence

    August 10, 2018

    China is no longer just a manufacturing power, but a technologically advance...

  • Made in China 2025 and the Belt and Road Initiative

    August 10, 2018

    The industrial policy of “Made in China 2025” clearly focuses on innovatio...

  • Trump cannot push back China with $113m

    August 8, 2018

    Although the “Belt and Road Initiative” has caused some worries and rebou...

  • Beijing’s maritime gifts

    August 7, 2018

    Beijing seems to be strengthening its capacity building at sea.

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial