The Australian Renewable Energy Agency (ARENA) has granted Jupiter Ionics $2.5m over four years to accelerate the commercialisation of its electrochemical green ammonia technology.
The grant will be used to improve the cost-competitiveness of Jupiter Ionics’ technology, which uses renewable energy, air, and water to make ammonia.
CEO Dr Charlie Day said reducing the so-called “green premium” is a key barrier to the widespread adoption of net-zero technologies such as green ammonia.
“Most current approaches to manufacturing green ammonia are still significantly more expensive than existing fossil-fuel based alternatives, so improving cost competitiveness is critical to reaching net-zero,” he said.
ARENA supports the global transition to net zero emissions by accelerating the pace of pre-commercial innovation, to the benefit of Australian consumers, businesses, and workers.
Jupiter Ionics will continue to collaborate with its long-term partners at Monash University as part of the grant, which includes training the next generation of green ammonia specialists through 2 PhD positions.
The new ARENA grant confirms a commitment to supporting emerging renewable technologies following a 2018 grant to Monash University which led to the discovery that underpins Jupiter Ionics’ current technology.