IMPACT
Tromsø: a new clean energy hub. As one of the first signatories of the Paris Agreement on climate change, Norway’s current target is to reduce its greenhouse gases emissions by 50%, and up to 55% by 2030 compared to the 1990 level, aiming at a 90-95% reduction by 2050. The transport sector is among the largest sources of emissions in the country, accounting for approximately 31%. By producing innovative green fuels, our project Neptun will support achieving Norway’s carbon neutrality.
Worldwide, the current production of ammonia, derived from gas, so-called “grey ammonia”, contributes heavily to the global CO2 emissions. With a potential of 500m tons produced annually worldwide, green ammonia will play a crucial role in the decarbonization of transport and industry.
At Neptun, we aim to convert the city in a key player in the road to green fuels, and position Tromsø as one of the 5 hydrogen hubs for maritime transport.
Apart from reducing CO2 emissions in the city of Tromsø and supporting Tromsø’s ambitions and transition to a sustainable and green business future, Neptun will provide additional benefits, both locally and internationally.