INTERVIEW: Ammonia's share may be 40% of global bunker fuel demand by 2050 — Amogy CEO

US-based Amogy “deeply believes” that ammonia could account for as high as 40% of the global bunker fuel consumption mix by 2050 as decarbonization gains momentum, company cofounder and CEO Seonghoon Woo told Platts, part of S&P Global Energy. Amogy has already completed demonstrations of its ammonia-to-power technology on a drone, a tractor, a semi-truck and in 2024 on a tugboat, Woo said in anUS-based Amogy “deeply believes” that ammonia could account for as high as 40% of the global bunker fuel consumption mix by 2050 as decarbonization gains momentum, company cofounder and CEO Seonghoon Woo told Platts, part of S&P Global Energy. Amogy has already completed demonstrations of its ammonia-to-power technology on a drone, a tractor, a semi-truck and in 2024 on a tugboat, Woo said in anRead More