Grey ammonia production generates over 420 million tons of CO2 annually, representing 1.2% of the global human CO2 emissions.
It is estimated that by 2030, converted consumers of grey hydrogen will make up over 64% of the demand for green hydrogen.
Green Hydrogen Demand by 2030
Around 45% of grey hydrogen produced today is used to create ammonia, as such, we believe targeting ammonia production should be our priority