Ammonia fuel demand will grow
Ammonia demand seen pivoting to energy
Power generation and maritime sector offtake expected to eclipse fertiliser industry demand by 2040, according to producers
New applications for low-carbon ammonia as a fuel in the power generation and maritime sectors could overtake usage in the fertiliser sector by 2040, according to speakers on a recent Reuters Events webinar. Roughly 80% of ammonia demand comes from the fertiliser sector. However, recent testing of co-firing of ammonia in coal power plants and 100% ammonia-firing in gas turbines suggest power generation could become the largest ammonia consumer, followed by the maritime sector, said Akshay Bhardwaj, head of commercial business development, global ammonia, at fertilisers and chemicals producer OCI Global. “We are clear that fertilisers might not be the biggest end-use by 2040. [Demand] has to
Also in this section
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
5 November 2025
Policymakers launch €2.9b package aimed at driving investment to meet its aviation and maritime sustainable fuel targets
5 November 2025
German technology company collaborates with Sharjah National Oil Corporation and Decahydron on new initiative in northern emirate of Sharjah
29 October 2025
Europe urgently needs a dose of pragmatism to unlock its clean hydrogen potential, Hydrogen Council CEO Ivana Jemelkova tells Hydrogen Economist
