Minbos Secures 200Mw Of The Cheapest, Greenest Power Globally
Minbos Secures 200Mw Of The Cheapest, Greenest Power Globally
Minbos Secures 200Mw Of The Cheapest, Greenest Power Globally
– US$1.5c Green Power For 25 Years
Formal Resolution from Angolan power authority (RNT-EP) secured 200MW of Zero- Carbon hydroelectrical power:
Initial 100MW
at US$0.04/kwh for 5 years then $0.08/kwh for 20 years
- Electricity Price < Us$0.05/Kwh Megawatt-Hour Required For Green Ammonia To Be Competitive With Fossil-Based Ammonia
- Minbos’ Power Pricing Delivers A Weighted Average Cost Of Power Of Us $0.011/Kwh;
- ~90% Cheaper Than Australian Power Grid Pricing
- ~55% Cheaper Than Natural Gas Prices
Subsequent 100MW
at US$0.015/kwh for 25 years
Power Concession Delivers One Of The Most Compelling Green Projects Globally, With Other Advantages Including:
Long-Term Power Security (25-Year Offtake) & Power Price Stability (No Risk Of Increased Costs Associated With Potential Carbon Pricing Regimes)
No Upfront Capital Costs Saves Billions In Capex And A Decade Of Feasibility Studies
Based on the average grid price for Australian business customers of USD0.123c/kwh (Source: Australian Energy Council Electricity Prices Business OECD (USD); International electricity prices: How does Australia compare?
(energycouncil.com.au)) Based on the Natural Gas (US, Henry Hub) spot price of USD7.18MMTBU (Consensus Economics, April 2022 edition)
Angola’s Energy Advantage
– large scale hydro the perfect input for Green Ammonia
Angola’s hydropower potential among the highest in Africa, estimated at 18,200MW:
2nd highest producer
of hydropower in Africa
Top 10 Globally for
new installed hydro capacity
2nd largest
hydropower plant in Africa (Lauca – 2,100 MW)
1000MW of unutilized
hydropower available
Source: The International Hydropower Association, 2021 Hydropower Status Report (June 2021)
Angola’s Energy Advantage
– large scale hydro the perfect input for Green Ammonia
Angola’s hydropower potential among the highest in Africa, estimated at 18,200MW:
2nd highest producer of hydropower in Africa
Top 10 Globally for new installed hydro capacity
2nd largest hydropower plant in Africa (Lauca – 2,100 MW)
1000MW of unutilizedhydropower available
Source: The International Hydropower Association, 2021 Hydropower Status Report (June 2021)
Angola’s Energy Advantage
Angola’s Energy Advantage
– large scale hydro the perfect input for Green Ammonia
Angola’s hydropower potential among the highest in Africa, estimated at 18,200MW:
2nd highest producer of hydropower in Africa
Top 10 Globally for new installed hydro capacity
2nd largest hydropower plant in Africa (Lauca – 2,100 MW)
1000MW of unutilizedhydropower available
Source: The International Hydropower Association, 2021 Hydropower Status Report (June 2021)
The Basics
The Basics
The Basics
– The Ammonia Economy
Ammonia is the second-most-widely produced commodity chemical globally
180 Million Metric Tons (T) Of Ammonia Is Produced Annually With 120 Ports Equipped With Ammonia Terminals
Key Uses:
- Explosives: Ammonium Nitrate-Based Explosives
- Fertilisers: Nitrogen And Phosphorus Fertilisers
- Industrial Chemicals: Nitrogen Related Industrial Chemicals
2000-2020, The Market Price For Ammonia Ranged From Usd $100 – $600/T
2021, Driven By Natural Gas Shortages, Ammonia Prices Exceeded Usd $1,000/T Globally
180 Million Metric Tons (T) Of Ammonia Is Produced Annually With 120 Ports Equipped With Ammonia Terminals
Key Uses:
- Explosives: Ammonium Nitrate-Based Explosives
- Fertilisers: Nitrogen And Phosphorus Fertilisers
- Industrial Chemicals: Nitrogen Related Industrial Chemicals
2000-2020, The Market Price For Ammonia Ranged From Usd $100 – $600/T
2021, Driven By Natural Gas Shortages, Ammonia Prices Exceeded Usd $1,000/T Globally
1Smil, V., “Enriching the Earth – Fritz Haber, Carl Bosch, and the Transformation of World Food Production,” The MIT Press, Cambridge, MA (Dec. 2000).
