A techno-economic analysis of alternative and cleaner pathways for ammonia production, looking both at carbon capture technology and renewable energy-based electrolysis.
The analysis is based on a comparative levelized cost of product approach, with natural gas steam methane reforming serving as a benchmark for the counterfactual scenario. It also analyses different emerging applications for ammonia, namely its use as a fuel in the maritime sector and for power generation.
The purpose of this analysis is to assess the viability of decarbonising the sector using different technologies and to identify boundary conditions for them to become economically feasible
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