IEA World Energy Outlook 22
Future uptake of low‐emissions hydrogen‐based liquid fuels depends crucially on finding ways to reduce production costs, according to the IEA World Energy Outlook 2022 report.
Cheaper renewable energy and carbon capture, utilisation and storage (CCUS) will make a big difference, but dedicated projects are also needed to improve low‐emissions hydrogen and ammonia production technologies and to reduce efficiency losses across the value chain, it states.
There has been recent progress. The largest power generation company in Japan, JERA, issued a tender in 2022 for up to 0.5 Mt of low‐emissions ammonia (around 5 thousand barrels of oil equivalent per day [kboe/d]) to replace 20% of the coal at a large power plant unit from 2027.
Maersk commissioned 19 methanol‐fuelled container ships and ensuring that the methanol they use is produced from sustainable biomass. In Germany, a 350 tonne per year plant for the production of synthetic kerosene opened in 2022
Stay informed: Methanol, Ammonia and Hydrogen
