The world’s first floating production unit for producing green ammonia at an industrial scale
“Using European engineering and technology combined with centralized assembly and construction allows for a vessel where quality is bespoke and price is competitive. Unlike any other green ammonia production facility, the P2XFloater™ does not require leasing or purchasing of land, storage tanks, pier construction, or constructional and operational concessions. Additionally, the P2XFloater™ is advantageously flexible in its positioning, as it can seek out places where renewable energy is cheapest, even on a seasonal basis. This could potentially utilize the lowest renewable power prices in the world, thus producing bottom dollar green ammonia.”
“The P2XFloater™ concept is based around making a life extension of an existing Very Large Gas Carrier (VLGC) and expanding upon its design by extending its hull to maximize production capacity. Green hydrogen is produced by pumping onboard seawater from the ocean, purifying it and feeding it to electrolyzers. The green hydrogen is combined with nitrogen extracted from the air and synthesized in an ammonia generator to produce green ammonia. All steps are powered by renewable wind, solar or hydro energy through a high capacity power cable from a renewable power source next to the P2XFloater™.”
“A mechanical arm and hose allows the P2XFloater™ to transfer liquid ammonia to another vessel without a pier or any other infrastructure adjacent to it. This allows cargo transfer to seamlessly transpire, minimizing time, fuel consumption and emissions. This has the potential to reach bunkering hubs world wide in a fast-track solution, making ammonia affordable and accessible to anyone.”
Good for the planet
Calculations done by Inocean show that the energy consumed during production of steel for a 20,000-ton newbuilding is equivalent to the power consumption of 5,000 people over a year. On top of this, there are CO2 emissions of approximately 20,000 tons. The process of converting a ship demands energy too, but on a completely different, lower scale. In other words, conversions are better for the environment.
Good for the owner
Conversions can also be better for the owner. The pattern for a conversion project looks more or less like this:
Commercial and technical analyses consider if the conversion is profitable and viable.
An appropriate ship candidate for conversion is located.
Analyses determine what must be done, in terms of upgrades and modifications, to reach the desired lifetime.
Completion of the actual conversion work.
Using established technology to convert an existing carrier to a brand new purpose: A mobile energy infrastructure tool for dynamic production of green ammonia.