Address :
YamnaCo Ltd 27 Old Gloucester Street London WC1N 3AX, UNITED KINGDOM

Norway announces competitive bidding process for the use of ammonia in vessels

Norway, through ENOVA, will provide investment support via a competitive bidding process for projects that will use ammonia as fuel in marine vessels. ENOVA aims to support a maximum of NOK 300 million (up to 80% of the project's approved additional costs) with applicants judged on cost effectiveness and project maturity.
With the requirement of the primary fuel to be ammonia and no support for ammonia production, the scheme aims to reduce the cost gap for investment and operation of ammonia vessels and the network barrier between producers and users over the use of ammonia for vessel.
Here’s our take at Yamna!

Here are some publications that may interest you

The Green Ammonia case

Ammonia, an important feedstock to our economy as it is the 2nd most produced chemical by mass, after sulphuric acid…

Read more
The Green Steel case

The steel industry is crucial for the world with its widespread application in the construction, automotive and mechanical parts industries.

Read more
Germany launches a tender for Carbon Contracts for Differences (CCfD) to assist the energy transition of industries

The tender aims to target emission intensive industries such as glass, steel, cement and chemicals by offering them CCfD payment…

Read more
Green molecules or Green Electrons: Is producing green H2 and transporting via H2 pipelines across intercontinental distances (<5000 km) the best option?

Due to long distances between hydrogen production hubs (low-carbon energy resources) and demand centers (industrial hubs), there is an urgency…

Read more
Maximising Domestic Value Creation in H2 Exporting Countries
Maximising Domestic Value Creation in H2 Exporting Countries

At Yamna, we believe that hydrogen exporting countries need to get their fair share of the global H2 economy. This…

Read more
Green Hydrogen in Africa

With a market potential valued at USD 1trillion by a recent study, Africa is set to become one of the…

Read more