EnBW Energie Baden-Württemberg AG (EnBW) has entered into an Investment Agreement with one of Europe’s most advanced project for emission-free ammonia production, Skipavika Green Ammonia (SkiGA), in Western Norway. This is a step in the direction towards realizing the EU’s, Germany’s and Norway’s climate goals by developing climate neutral Hydrogen products.
The Investment Agreement underscores EnBW’s strong commitment, allowing exclusive long-term offtake rights to green ammonia and reflecting this through a 10% equity stake in the project. This commitment by EnBW will play a crucial role in expediting the project’s path to a financial investment decision.
Green Ammonia is a key building stone in stepping up the Hydrogen (H2) market and Decarbonization efforts in industry and energy sector. Ammonia can be either converted to hydrogen for combustion in heat and power generation or directly used for this purpose. Therefore it is well suited for carbon-neutral electricity generation. With this, EnBW will be equipped to offer green ammonia for both internal decarbonization initiatives and their customers, including the local and international maritime sector. The agreement is made on commercial terms and marks a breakthrough in the effort to commercialize H2 products such as green ammonia. Green H2 products are a key component in EUs Green Deal.
Carbon-neutral electricity generation using green ammonia from Europe’s first emission-free production facility
“EnBW is committed to becoming a carbon-neutral power generation leader. Our collaboration on green ammonia, aligned with German, Norwegian and the EU goals, signifies a strategic investment in carbon-neutral solutions. The Nordic region is poised to be a top supplier to Europe’s carbon-free energy landscape, complementing its existing position as a reliable, stable energy partner of choice for Europe. This agreement underscores the potential of Norwegian-German collaboration in green energy and industry”, says Peter Heydecker (Executive Director Trading) of EnBW.