LCOA ($/t)
Blue ammonia with 5% biomethane scenario was modeled using natural gas pricing at $17/MMBtu and biomethane pricing at $30/MMBtu. Using 2026 capital cost estimates for Alkaline electrolyzers and renewable energy systems, green ammonia was modeled under three scenarios: BTM, hybrid (50% BTM, 50% grid), and grid connected. To show the renewable energy potential variation across Brazil, two locations were selected for the BTM scenario, and five locations were selected for the hybrid scenario. The BTM locations tested show the higher end cost in Uberaba close to an agricultural hot spot and lower end in Pecém with ideal overlapping wind and solar.
Chart: RMI Graphic