Page 11 - AsiaElec Week 18 2022

AsiaElec HYDRGOEN AsiaElec

Aker Horizons and Statkraft

to explore green hydrogen in

India and Brazil

INDIA AKER Horizons and Norway’s Statkraft have presence in India and Brazil.
signed collaboration agreements to jointly In Brazil, Aker Clean Hydrogen, Statkraft
explore opportunities for green hydrogen and and Sowitec, a company specialising in devel-
ammonia production in India and Brazil, tar- oping renewable wind and solar assets, aim to
geting local steel and fertiliser industries. jointly develop power-to-X projects in the state
Emissions from the steel and ammonia of Bahia. The first project opportunity being
industries contribute to close to 9% of global pursued is a large-scale hybrid project, which
greenhouse gas (GHG) emissions. Aker Clean combines renewable power generation, and
Hydrogen and Statkraft have agreed to explore hydrogen and ammonia production for the local
joint development opportunities of fully inte- fertiliser industry.
grated renewable power generation and green Brazil is the world’s fourth-largest consumer
hydrogen production in India, targeting domes- of fertilizers, accounting for about 8% of global
tic hard-to-abate industries such as the steel demand. Currently, the country imports more
industry, as well as ammonia for domestic use than 80% of its consumption. Recently the
and export. Brazilian government enacted its 2022-2050
The steel industry in India produces about National Fertiliser Plan, seeking to reduce the
100mn tonnes of steel annually. In India, green Brazilian dependency on imported fertilisers by,
hydrogen can be used to replace grey, fossil fuel- amongst other means, attracting and supporting
based hydrogen, coal and natural gas as fuel and foreign investments.
feedstock. This will significantly reduce CO2 The state of Bahia has favourable renewable
emissions, while bolstering the country’s energy resources from wind and solar and a strong agri-
security, making it less vulnerable to energy mar- cultural industry that imports large amounts
ket volatility. of grey, fossil fuel-based fertilisers. Replacing
India currently consumes approximately imported grey ammonia with locally produced
7mn tonnes per year (tpy) of grey hydrogen, green ammonia will support the decarbonisa-
making it the world’s second-largest hydrogen tion of the local agricultural industry and reduce
consumer. Its hydrogen demand is expected to import dependency, while creating new green
reach approximately 12mn tonnes by 2030 and industrial opportunities. The project is sched-
about 28mn tonnes by 2050. India’s commitment uled to be in commercial operation by 2027.
to reach net zero by 2070, announced during the “With considerable renewable energy pro-
26th UN Climate Change Conference, will fur- duction and market activities in India and Bra-
ther increase green hydrogen demand. zil, Statkraft is well positioned to capture green
The collaboration brings together Aker Clean hydrogen opportunities in these two huge and
Hydrogen, a global integrated hydrogen, ammo- important energy markets. Developing such
nia and methanol producer building on Aker’s opportunities helps us grow our business and
180 years of industrial heritage, and Statkraft, reduces greenhouse gas emissions in India and
a leading developer and generator of renewa- Brazil,” said Jürgen Tzschoppe, executive vice
ble energy with a substantial experience and president international power for Statkraft.™

Week 18 04•May•2022 www. NEWSBASE .com P11