Brooklyn, NY – February 8, 2024 – Amogy Inc. (“Amogy”), a pioneer of carbon-free, energy-dense ammonia power solutions, has been awarded a feasibility statement by Lloyd’s Register (“LR”), a leading provider of classification and compliance services to the maritime and offshore industries.
This statement serves as the official approval of Amogy’s Technology Qualification Plan (“TQP”), which outlines the full set of component testing that Amogy intends to complete, providing evidence that its technology is viable for maritime applications. Reaching this milestone marks a crucial step in completing LR’s Technology Qualification process.
LR’s Technology Qualification process is a three-stage process, consisting of Verification, Validation, and a Performance Review, for assessing the components of novel technologies in terms of their technology maturity and associated risks. Development and approval of the TQP is a part of the Validation phase and the feasibility statement confirms that a concept is capable of being developed into a viable technology.
Amogy recently completed the Technology Verification phase with LR and, upon receipt of this Statement of Feasibility, will now begin to execute the component testing as outlined in the TQP.
“Receiving this Statement of Feasibility from Lloyd’s Register is a major milestone in affirming the safety and viability of our ammonia-to-electrical power system,” said Seonghoon Woo, CEO of Amogy. “As we advance through LR’s rigorous Technology Qualification process, we remain steadfast in our commitment to provide innovative, sustainable solutions that reshape the future of clean energy for maritime shipping.”
Chris Pfisterer, VP Commercial, Americas at LR, said: “Future fuels are vital for the maritime industry to reach the IMO’s 2050 net-zero emission targets. For many, the differences between the energy density of new fuels and existing fuels presents potential logistical complexities for shipping but the pioneering technology of Amogy could overcome some of these challenges. We are excited to continue working with Amogy through the next stages of LR’s Technology Qualification process.”
Amogy has developed an innovative ammonia-to-electrical power system that splits, or “cracks,” liquid ammonia into its base elements of hydrogen and nitrogen, which then funnels the hydrogen into a fuel cell, generating high-performance power at five times the energy density of lithium batteries. This technology offers a sustainable, clean energy solution tailored for industries such as maritime shipping and power generation.
LR and Amogy have worked together over a number of years, most recently with technology verification to confirm the suitability of the core components for Amogy’s ammonia-to-electrical power system to operate in defined maritime environments. Prior to this, the system was awarded approval in principle in 2022.
To learn more about Amogy and its clean energy technology, please visit www.amogy.co.
About Amogy
Founded in 2020, Amogy is on a mission to unlock the potential of ammonia as a clean energy source, accelerating the global journey to Net Zero and sustaining future generations. With a presence in Brooklyn, Houston, Norway, and Singapore, Amogy is developing fully integrated ammonia-to-electrical power systems to enable the decarbonization of the hard-to-abate sectors, such as shipping, power generation, and heavy-duty transportation.
To date, Amogy’s technology has been demonstrated with success in a drone, tractor, and semi-truck. Currently, the Amogy team is retrofitting a tugboat, poised to become the world’s-first ammonia-powered vessel. Amogy is also renovating a $40 million manufacturing facility in Houston, which will launch its commercialization efforts. The company’s investors include Amazon’s Climate Pledge Fund, AP Ventures, SK Innovation, Aramco Ventures and Mitsubishi Corporation. For more, please visit amogy.co, and follow @amogyinc on LinkedIn, Twitter, Instagram, Threads, Facebook, and YouTube.
About Lloyd’s Register
Trusted maritime advisers, partnering with clients to drive performance across the ocean economy.
Lloyd’s Register (LR) is a global professional services group specialising in marine engineering and technology. With a heritage going back more than 260 years to the establishment of the world’s first marine classification society, LR is dedicated to setting and improving standards for the safety of ships.
Today we are a leading provider of classification and compliance services to the marine and offshore industries, helping our clients design, construct and operate their assets to accepted levels of safety and environmental compliance.
We also provide advice, support and solutions on fleet performance, fleet optimisation and voyage optimisation, enhancing our clients’ digital capabilities. Our digital solutions are relied upon by more than 20,000 vessels.
In the race to zero emissions, our research, technical expertise and industry-firsts are supporting a safe, sustainable maritime energy transition.
Lloyd’s Register Group is wholly owned by the Lloyd’s Register Foundation, a politically and financially independent global charity that promotes safety and education.
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Media Contact
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