Ammonia, a compound closely associated with hydrogen, is emerging as a significant player in the global energy transition, offering promising solutions towards net zero goals. Despite being traditionally overshadowed, ammonia's market is projected to triple by 2050, showcasing its relevance in the energy sector. With the ability to store, ship, and convert back into nitrogen and hydrogen, ammonia provides a circular economy option with minimal CO2 emissions. Its applications in power generation, whether through direct combustion or conversion to hydrogen, offer grid stabilization and energy security, addressing the intermittency of renewables. Additionally, ammonia's higher energy density and existing supply chains make it a practical choice for scaling up. Countries like Singapore are leading the way in promoting ammonia for decarbonization, backed by supportive policies like the EU's Fit for 55 package and the US Department of Energy's 'Hydrogen Shot' initiative. However, challenges such as managing toxicity and nitrous oxide emissions need to be addressed to fully leverage ammonia's potential. Overall, ammonia presents a valuable piece in achieving net zero targets by 2050.