Liquium
【AEA 2022 Alumni】
Liquium is developing the next clean li quid fuel for heavy industries by building new, efficient, green and scalable ammonia plants to align with renewable energy generation and zero carbon fuels.
Liquium has unique IP for the production of ammonia under mild conditions with a new catalyst, allowing commercial ammonia production to be re-imagined at new economic scales. Ammonia production with Liquium’s catalyst will significantly reduce capital and operating costs (external modelling supports cost savings of >50%) of an industrial plant by a simpler process and less demanding infrastructure requirements.
Liquium’s business model focuses on two different key target markets. Firstly, renewable energy generation where MW scale projects typically do not align to hydrogen and ammonia production. But with Liquium these market opportunities in energy storage, distribution and utilisation can support local markets and use cases. Secondly, aligning to macro scale (thousands of tonnes per day) ammonia production to support the clean fuel diversification that is required for heavy industries such as the maritime sector. Following this pathway allows Liquium to scale ammonia production with market need and de-risk a new technology, and support economies transitioning from fossil fuels to clean alternatives such as Japan.
Nominated by
New Zealand Trade and Enterprise
Japan’s Ministry of Economy, Trade and Industry says that a new policy could lead Japan to triple its annual ammonia consumption to 4 million metric tons by 2030. By 2050, when Japan wants to convert all coal-fired power plants to ammonia, consumption could be 30 million metric tons.
Liquium is in a unique position to assist Japan with this transition and lower the barrier to entry for clean ammonia production, creating smaller, decentralized plants that are more economically feasible and have a stronger alignment with renewable energy generation projects.