Ammonia is one of the most produced chemical commodities in the word, second to sulfuric acid ($76.64B by 2025, https://www.grandviewresearch.com/press-release/global-ammonia-market). More than half the ammonia produced is used in agriculture, making this commodity one of the most useful for feeding the entire world's population and paving the way for the last centuries growth during the industrial revolution. The production of ammonia is currently performed by the Haber-Bosh process, invented in the 1918, and still in use, even though this process in very energy intensive, requiring high temperatures (400-600 degrees C) and high pressure (20-40 MPa) to make this process viable. Improvements on this process would be incredibly important for the future of our world, in that the production of this commodity (ammonia) would save enormous amounts of energy and lower our carbon footprint. As this market is $50B-76B in the near term, a deployed new process could bring in returns on the $100M-1B range as a very rough ROM on the TOM for this technology deployed to a production plant/nuclear power plant. (Carlos A. Fernandez and Marta C. Hatzell 2020 J. Electrochem. Soc. 167 143504). The main driver for this technology is the significant energy savings/operations costs over the current process. %MCEPASTEBIN% Ammonia is one of the most produced chemical commodities in the word, second to sulfuric acid ($76.64B by 2025, https://www.grandviewresearch.com/press-release/global-ammonia-market). More than half the ammonia produced is used in agriculture, making this commodity one of the most useful for feeding the entire world's population and paving the way for the last centuries growth during the industrial revolution. The production of ammonia is currently performed by the Haber-Bosh process, invented in the 1918, and still in use, even though this process in very energy intensive, requiring high temperatures (400-600 degrees C) and high pressure (20-40 MPa) to make this process viable. <!-- [if !supportAnnotations]-->[MSS1]<!--[endif]--><span style="mso-special-character: comment;"> </span><span class="MsoCommentReference"><span style="font-size: 8.0pt;"><!-- [if !supportAnnotations]-->[HLR2]<!--[endif]--><span style="mso-special-character: comment;"> </span></span></span> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><strong><span style="font-size: 9.5pt; font-family: Arial-BoldMT; mso-bidi-font-family: Arial-BoldMT; color: blue;"> </span></strong></p> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><strong><span style="font-size: 9.5pt; font-family: Arial-BoldMT; mso-bidi-font-family: Arial-BoldMT; color: blue;">Improvements on this process would be incredibly important for the future of our world, in that the production of this commodity (ammonia) would save enormous amounts of energy and lower our carbon footprint. </span></strong></p> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><strong><span style="font-size: 9.5pt; font-family: Arial-BoldMT; mso-bidi-font-family: Arial-BoldMT; color: blue;"> </span></strong></p> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><strong><span style="font-size: 9.5pt; font-family: Arial-BoldMT; mso-bidi-font-family: Arial-BoldMT; color: blue;">As this market is $50B-76B in the near term, a deployed new process could bring in returns on the $100M-1B range as a very rough ROM on the TOM for this technology deployed to a production plant/nuclear power plant.<span style="mso-spacerun: yes;"> </span>(Carlos A. Fernandez and Marta C. Hatzell 2020 J. Electrochem. Soc. 167 143504).<span style="mso-spacerun: yes;"> </span>The main driver for this technology is the significant energy savings/operations costs over the current process.</span></strong></p> <div style="mso-element: comment-list;"><!-- [if !supportAnnotations]--><hr class="msocomoff" align="left" size="1" width="33%" /><!--[endif]--> <div style="mso-element: comment;"><!-- [if !supportAnnotations]--> <div id="_com_1" class="msocomtxt"><!--[endif]--><span style="mso-comment-author: 'Morrison\, Samuel S'; mso-comment-providerid: AD; mso-comment-userid: 'S::Samuel\.Morrison\@pnnl\.gov::7dd91c6a-4581-468d-90ce-a9db8b8c912f';"><!-- [if !supportAnnotations]--><!--[endif]--></span> <p class="MsoCommentText"><span class="MsoCommentReference"><span style="font-size: 8.0pt;"><span style="mso-special-character: comment;"> <!-- [if !supportAnnotations]-->[MSS1]<!--[endif]--></span></span></span>Lance, let's add a price tag to this. I'm guessing this is a 100 Billion/year market and I want to put a finite value to ensure the IP folks see the return on investment for producing ammonia without taking energy off the grid.</p> <!-- [if !supportAnnotations]--></div> <!--[endif]--></div> <div style="mso-element: comment;"><!-- [if !supportAnnotations]--> <div id="_com_2" class="msocomtxt"><!--[endif]--><span style="mso-comment-author: 'Hubbard\, Lance R'; mso-comment-providerid: AD; mso-comment-userid: 'S::lance\.hubbard\@pnnl\.gov::1c28d98a-8d82-48af-be55-560d8f06cea1';"><!-- [if !supportAnnotations]--><!--[endif]--></span> <p class="MsoCommentText"><span class="MsoCommentReference"><span style="font-size: 8.0pt;"><span style="mso-special-character: comment;"> <!-- [if !supportAnnotations]-->[HLR2]<!--[endif]--></span></span></span>Added ROM on the market size a competing process did a really good job of this (cited).</p> <!-- [if !supportAnnotations]--></div> <!--[endif]--></div> </div>