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
-
Can AirCapture’s Microwaves Cut DAC’s Energy Cost?
Inside This Issue 🌬️ Aircapture's Patented Microwave Direct Air Capture Technology Wins Tencent CarbonX 2.0 Award 🗾 Fujifilm, Tokyo Gas and TGES Agree to Supply City Gas Linked to Biomethane Produ...
-
380 MW of AI Power, Powered by Fuel Cells
Inside This Issue ⚡ FuelCell Energy and Fit Energy Announce Strategic Agreement for Up to 380 MW of Clean Power for Data Centers 🧭 China's Renewable Energy Mandates Set the Stage for Expanded Hydr...
-
250,000 Tonnes of CO2: One Shipping Deal
Inside This Issue 🚢 Fortescue and CMB.TECH Sign Milestone Agreement for 12 Ammonia Bulkers to Accelerate Zero-Emissions Shipping 🌱 Mati Carbon Hits New Bar for Carbon Removal Certification With Is...
Company Announcements
-
Aircapture's Patented Microwave Direct Air Capture Technology Wins Tencent CarbonX 2.0 Award
Aircapture will use the award to scale its DAC system engineered to reduce the cost of carbon capture at scale BERKELEY, Calif., June 25, 2026 /PRNewswire -- Aircapture, a Berkeley-based direct ai...
-
Groundwork BioAg Issues First Verified Carbon Credits Under Rootella Carbon® Program
Milestone issuance of high-durability soil carbon credits, the first to be issued under Verra VM0042 standard in the US, delivers highly-scalable carbon removal at a fraction of durable CDR costs. ...
-
HOPA Ports and the Mississaugas of the Credit Business Corporation (“MCBC”), the entity representing the business development interests of the Mississaugas of the Credit First Nation (“MCFN”), have...
-
Deep Sky Corporation today announced a strategic investment from Sumitomo Mitsui Banking Corporation (SMBC), supporting the advancement of Japan's carbon dioxide removal (CDR) and direct air captur...