Yara International ASA's Renewable Hydrogen Plant in Norway for Decarbonization
Key Ideas
- Yara International ASA opens a 24-megawatt renewable hydrogen plant in Norway to decarbonize ammonia production, aiming to cut emissions by 5% at the Heroya factory.
- The company is considering blue ammonia projects as an interim solution, utilizing natural gas with carbon capture until complete conversion to green ammonia is feasible for the entire plant.
- Yara envisions clean ammonia as a key solution for decarbonizing industries like shipping, power generation, and agriculture, leveraging its extensive ammonia network for clean energy supply.
- The company has partnered with the Northern Lights project to store CO2 under the North Sea and is exploring carbon capture initiatives in the US.
Yara International ASA, Europe’s largest fertilizer maker, has inaugurated a renewable hydrogen plant in Porsgrunn, Norway, to address the challenge of decarbonizing ammonia production that traditionally relies on natural gas. The 24-megawatt facility, the largest water electrolysis plant in Europe, marks a significant step in reducing emissions at Yara's Heroya factory. The company aims to cut 5% of the factory's annual 800,000 tons of CO2 emissions by utilizing green ammonia production. Yara's CEO, Svein Tore Holsether, highlighted the limitations in expanding green hydrogen capacity until a complete conversion of the ammonia plant is achieved. In the interim, Yara is exploring blue ammonia projects that involve using natural gas with carbon capture technology. Despite the focus on green hydrogen for the future, the company sees blue ammonia as a practical and timely step to scale up clean energy initiatives. Yara's commitment to decarbonization extends to partnerships like the one with the Northern Lights project for CO2 storage under the North Sea and potential carbon capture ventures in the US. With a vision to lead in clean energy supply, Yara aims to leverage its extensive ammonia network to drive decarbonization in critical sectors such as shipping, power generation, and agriculture.