DeepSummary
The episode features an interview with Dr. Seonghoon Woo, CEO and co-founder of Amogy, a startup company developing technology to use ammonia as a clean energy fuel source for transportation and power generation. Ammonia is one of the most produced chemicals in the world, primarily used for fertilizer production, and contains hydrogen which makes it a potential carrier for hydrogen fuel.
Amogy's technology involves cracking ammonia into hydrogen at the point of power generation and then using that hydrogen in fuel cells to generate electricity. The company is initially targeting the shipping industry as a way to decarbonize ocean transportation. Woo discusses the challenges of transporting and storing hydrogen compared to ammonia, and the scalability of ammonia production from green and blue hydrogen sources.
Woo shares the company's progress, including demonstrating ammonia-powered trucks and plans to showcase the world's first ammonia-powered vessel in 2024. He highlights the need for collaboration across the value chain, from fuel producers to regulators and infrastructure developers, to enable the widespread adoption of ammonia as a fuel source in heavy industries.
Key Episodes Takeaways
- Ammonia, a widely produced chemical used primarily for fertilizer production, has the potential to be a clean energy fuel source and carrier for hydrogen.
- Amogy's technology involves cracking ammonia into hydrogen and using it in fuel cells to generate electricity, initially targeting the shipping industry.
- Ammonia offers advantages over hydrogen in terms of transportation and storage, and its production can be scaled up using green and blue hydrogen sources.
- Amogy has demonstrated ammonia-powered trucks and plans to showcase the world's first ammonia-powered vessel in 2024.
- Collaboration across the value chain, from fuel producers to regulators and infrastructure developers, is crucial for enabling the widespread adoption of ammonia as a fuel source.
- While ammonia has the potential to be a clean fuel source, its toxicity and risks need to be carefully managed.
- The shipping industry is a significant target market for ammonia as a fuel due to its efforts to decarbonize supply chains and transportation of goods.
- Ammonia production can potentially benefit from existing incentives and investments in the green hydrogen economy, as well as its use in the fertilizer industry.
Top Episodes Quotes
- “Ammonia is essentially, from our standpoint, helping the hydrogen economy to really offer the opportunity to store that energy at the longer term and much more efficient way.“ by Seonghoon Woo
- “As we are building this industry using ammonia as a fuel, we are also realizing that it needs a lot more collaboration, it needs a lot more initiative between many different stakeholders in the industry, across the value chain, from the regulator and fuel producers, and also technology companies like ours, and infrastructure builders, of course, finance and support from project financiers and things like that.“ by Seonghoon Woo
- “But ammonia, we're producing green ammonia or blue ammonia at this scale of the hundreds of the million ton is not as challenging. Because if you look at the green methane green ammonia project already, I mean, post FID, we have probably more than ten mta, 10 million ton by 27, and more than 100 million ton pre feed and feed stage, meaning it's much more economical to produce ammonia scale.“ by Seonghoon Woo
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Episode Information
My Climate Journey
Jason Jacobs, Cody Simms, Yin Lu
5/23/24