S.Korean energy firm plans to import 1 mn tons of clean ammonia annually from 2028
South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. said on Tuesday its plans of investing 10 million Canadian dollars (US $75 million) in a Canadian blue ammonia production project.
The project, which is being developed by Hydrogen Canada, will produce clean ammonia from natural gas in Alberta, Canada after carbon dioxide is captured and stored underground (CCS). E1 will secure 1 million tons of blue ammonia annually through this investment and target domestic introduction in 2028.
>> In Other News: XCF Global Outlines Plan to Build Multiple SAF Production Facilities and Invest Nearly $1 Billion in Renewable Fuel Production Capacity by 2028
Clean ammonia is a clean and sustainable fuel that minimizes carbon emissions and can be used directly and is also attracting attention as a carrier that can store and transport hydrogen. The clean ammonia and hydrogen introduced into Korea are expected to play an important role in the activation of domestic carbon neutrality and hydrogen economy by being used in coal-fired power generation, LNG power generation, transportation, and industrial fields.
The investment by E1 is a sign of the growing interest in clean ammonia as a potential solution for decarbonizing the energy sector. Canada is well-positioned to be a major producer of clean ammonia, given its abundant natural gas resources and well-developed CCS infrastructure.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
64 Carbon Projects Were Stuck. Texas Just Unlocked Them
Inside This Issue 🛢️ 64 Carbon Projects Were Stuck. Texas Just Unlocked Them ⚙️ In Ohio, Hydrogen Industry Presses on Despite Federal Uncertainty 🧲 Agami Zero Breaks Through With Magnetic Hydrogen...
-
This U.S. Plant Might Change Aviation Forever
In This Issue 🛫 A Georgia Plant Just Cracked Aviation's Fuel Puzzle 📉 CO2RE And ERM Release 2025 Update On Greenhouse Gas Removal Costs 🔗 Abatable Partners With BlueLayer To Streamline Corporate C...
-
Canada Just Made CCUS Way More Profitable
Inside This Issue 💼 Canada Unlocks EOR for Federal Tax Credits in Landmark Policy Shift 🚀 Carbontech Funding Opens as CDR Sector Pushes for Net-Zero Standard Revisions 💧 CHARBONE Confirms its Firs...
Company Announcements
-
Step strengthens Louisiana’s role in U.S. energy leadership and advances project finance process for biomass‑to‑fuel facility SACRAMENTO, Calif. & NEW ORLEANS -- DevvStream Corp. (Nasdaq: DEVS...
-
Climeworks Opens the World’s Largest Direct Air Capture Innovation Hub
Key takeaways: Climeworks launches the largest innovation center for Direct Air Capture, employing over 50 engineers in Zurich, Switzerland. The center is designed to reduce the cost and increase...
-
XCF Global Moves to Double SAF Production with New Rise Reno Expansion
Initial development completed at New Rise Reno 2, advancing XCF's second SAF production facility and positioning construction to begin in 2026. $300 million planned investment will double XCF'...
-
Carbon Capture Technology Relies on High-Performance CO2 Sensors
As the Global South's first Direct Air Capture (DAC) company, Octavia Carbon has commissioned the world's second DAC + geological storage plant. Harnessing Kenya's abundant renewable geothermal ene...