MHI study shows green hydrogen and ammonia from India could cut decarbonization costs, especially for Singapore
tradingview.comA Mitsubishi Heavy Industries study, commissioned by Japan's METI, analyzed the economic viability of producing green hydrogen and ammonia in India and shipping it to Singapore. The study found that optimizing the entire value chain from production to transport could lead to significant cost reductions, making these fuels more competitive for power generation and marine bunkering. The analysis used mixed integer linear programming to model seasonal renewable energy output in India and optimize facility specs and operations. MHI worked with Indian developer Hygenco, which is building a 1.1 million ton per year green ammonia project in Odisha. The findings were shared with Indian and Singaporean governments to support policy measures like demand creation and capital cost reduction. Key takeaway: the cost barrier for green hydrogen and ammonia is not fixed. Strategic coordination across production, logistics, and policy can lower it. The India to Singapore corridor is a test case worth watching for anyone tracking green fuel trade routes.
