Danish energy solutions company Haldor Topsoe (Topsoe) will work with Icelandic hydrogen and ammonia experts Green Fuel to pursue green ammonia opportunities in Iceland.
Seen as an essential part of decarbonising hard-to-abate sectors, green ammonia is considered a ‘future fuel’ which will also help combat climate change and meet net zero targets.
A Memorandum of Understanding (MoU) signed between the partners collaborating on solutions which could see Iceland establishing its own production of green ammonia.
“Iceland offers large-scale volumes of the renewable power needed from its vast hydro and geothermal resources, and we see an exciting potential for the production of clean fuels,” said Tore Sylvester Jeppesen, Senior Vice President, Topsoe.
Green Fuel’s renewable ammonia and hydrogen production plans have been bolstered by its securing of a Letter of Intent to operate at Bakki Eco-Industrial Park, North-East Iceland.