EnBW to market green ammonia from Norway's SkiGa project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 25 2024
0mins
Source: Yahoo Finance
Green Ammonia Supply Agreement: German utility EnBW plans to receive 100,000 tons of green ammonia annually from Norway's Skipavika Green Ammonia project starting in 2027, supporting Germany's decarbonization efforts by using the ammonia to produce low-carbon hydrogen.
Hydrogen Strategy and Partnerships: EnBW is collaborating with local partner FUELLA and has secured funding for its electrolyser scheme, as part of Germany's strategy to import up to 70% of future hydrogen volumes from abroad to ensure availability and cost-effectiveness.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
