Community
Sauda has all the fundamentals to host large scale production of green ammonia – access to significant green power, production sites, export infrastructure, and strong local support. Iverson eFuels not only marks a significant investment in green ammonia, but also strives to create a positive impact on both job creation and climate in accordance with the owner's code of ethics and the UN Guiding Principles. Iverson eFuels represents the workplaces of the future – in Sauda and as a regional hydrogen hub supporting the energy region of Rogaland.
Enabling decarbonization of shipping
Shipping is facing stricter emission regulations to address its environmental impact. The International Maritime Organization (IMO) aims to reduce greenhouse gas emissions by at least 50% by 2050.
Ammonia can be seen as the most promising future fuels to shipping. Ammonia offers numerous advantages as an alternative fuel. Its abundance, high energy density, low carbon content, existing infrastructure, versatility, and ongoing technological advancements make it an attractive option for reducing greenhouse gas emissions and promoting sustainability in various industries, including transportation.
Together with partners and technology providers we are working to develop a new value chain for green ammonia as fuel to the maritime industry.
A new industry
Iverson eFuels will assist the ongoing transformation from fossil energy to renewable energy and provide valuable learning that can be carried further in other large-scale green ammonia projects. The project has the potential to act as one of the catalysts for a new green hydrogen/ammonia industry in the region of Rogaland.
CO2 reductions
Iverson eFuels will make a significant contribution to CO2 neutrality by reducing CO2 emission equivalent to the annual CO2 emissions of approximately 300,000 fossil fueled cars (each driving 10.000 km/year). In addition, the use of the plant’s circular potential may contribute to an additional CO2 reduction and energy optimization.
The EU strategy expresses the ambition for hydrogen (including ammonia) to be an integral part of EU’s energy system from 2025 to 2030, with a production target of up to 10 million tons of renewable hydrogen.