Ascension Clean Energy (ACE)
An innovative, state-of-the-art project, Ascension Clean Energy (ACE) would utilize clean hydrogen-ammonia production to supply the world's growing clean energy market. Helping to meet the demand for clean and affordable energy, this hydrogen-ammonia would be shipped to global markets as a clean energy feedstock.
A Transformational Project
This transformational project aligns with the Louisiana Climate Action Plan, specifically the state’s goal to be carbon neutral by 2050. ACE would position Louisiana as a global leader in decarbonization while providing the opportunity for local residents and communities to be at the forefront of the energy transition.
By the Numbers
capital investment
$7.5 billion
new, permanent jobs
350
1,500
construction jobs
metric tons annual ammonia production
7.2 million
UP TO 98%
CO2 capture
Project shareholders are committed to working with local community and education leaders to provide pathways for additional training and job opportunities for the local workforce.
Joint Venture Shareholders
The largest CO2 pipeline operator in the US, Denbury, Inc., would utilize its extensive experience to manage the transportation and sequestration aspect of the project.
Hafnia has a proven track record of transporting hydrocarbons safely and sustainably around the world to meet emerging demand for shipping and energy production.
As one of the world’s largest shipping companies, Mitsui O.S.K. Lines (MOL) is well-positioned to help develop safe, sustainable, and efficient solutions to ship ACE’s clean hydrogen-ammonia to emerging global clean energy markets.