headerpls
h2latvia_logo

Business case for Green Ammonia

Objective:

To explore the potential of green ammonia production in Latvia from RESes (solar and wind energy, biomass, etc.) and its application in Latvia / Baltics, as well as export opportunities via the existing ammonia infrastructure in Latvia such as the ammonia storage and transhipment terminal in the Port of Ventspils.

Potential solution:

A sound and well-integrated business model(-s) for green ammonia production, storage, and local use in Latvia and the Baltics, as well as for export and bunkering purposes.

Context of the Problem:

Latvia has a significant potential deployment of Renewable Energy Sources (RES) such as wind and solar energy. By developing these energy resources, Latvia would be able to become self-sustaining in terms of green electrical power, as well as to develop an export potential of green energy.

Due to the nature of RES, green electricity is generated at times when there is sun or wind, and quite often at these times there is too much energy available for immediate consumption, so it is necessary to store this green energy in the medium and long term for later use. 

The transformation of electricity into such (green) energy carriers as hydrogen and its derivatives (ammonia, e-fuels, synthetic natural gas, etc.) helps to solve the time shift issue of the value of green energy. These energy carriers have different physical and chemical properties that make them easier or harder to store and transport to final consumption, including export. Ammonia (green) has good parameters and decades of proven solutions for transportation and storage. 

Green ammonia has a significant role and potential for the decarbonization of mineral fertilizer production and for use in marine transport as a clean maritime fuel.

About H2Latvia:

We are a consultancy company dedicated to helping our customers (businesses, municipalities and state organizations) in their decarbonization efforts via renewable energy integration with energy storage solutions with a particular focus on Green Hydrogen and its derivatives (e-fuels).