CleanTechnica•2 months ago
Grey, Blue, or Green: The Real Ammonia Math
- •Equinor's blue hydrogen project (H2M, Groningen) was halted due to an absence of customers, despite securing support from the EU Innovation Fund and being positioned for industrial decarbonization.
- •This failure indicates that the market for blue hydrogen/ammonia, even with policy backing, currently lacks sufficient customer demand at viable price points, posing a significant risk for developers.
- •Developers and IPPs should prioritize securing firm off-take agreements and thoroughly assessing customer willingness-to-pay before committing to large-scale blue hydrogen/ammonia production projects.
policy