Browsing: SPOTLIGHT

India is gearing up for a radical transformation in its steel production sector, with green hydrogen poised to play a pivotal role. A recent report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics outlines an ambitious roadmap for India’s steel industry to replace a significant portion of its grey hydrogen requirements with green hydrogen.

The global ammonia industry is set for significant growth, with capacity expected to increase from 238 million metric tons per annum (mtpa) in 2022 to a substantial 311 million mtpa by 2030. This expansion is driven by 114 planned and announced ammonia plants scheduled to come online within this period, primarily in North America and the Former Soviet Union.