This month, Ignite News is featuring three companies with big ideas and big goals for this decade. Moonshot or not? You decide.
- Celanese’s moonshot: Control towers and connected plants
- Aize’s moonshot: Industrial software for innovative workflows
The term moonshot emerged in the 1950s, a time when the very idea of innovation and ambition was tied to the act of propelling a spacecraft all the way to the moon. Today, the definition of moonshot has outgrown its lunar roots and become synonymous with the ambitions of people and companies to do something life-altering and oftentimes mind-blowing.
Scatec CEO Terje Pilskog is focused on continuing the company’s bold mission to bring cleaner, greener power to places where the energy gap persists.
What’s Scatec’s next moonshot?
Terje Pilskog: Our next moonshot is bold and ambitious, but also something that is vital if we are to get on track to limit global warming to only 1.5 degrees Celsius. This moonshot is all about producing a strong supply of green ammonia and green hydrogen to help create energy security and a pathway to net zero.
What are you doing to get there?
TP: We’re already underway. There’s no time to waste, which is why we have three live projects in process and several more in the pipeline. Currently, we are working with partners in Egypt to build large-scale green ammonia and green hydrogen facilities, with ambitions to make this country a hub for green fuel. And we are doing the same in Oman, building up both green hydrogen and ammonia production. This is just the beginning, but we are already rolling.
Why is your moonshot important to the world?
TP: To get close to achieving our climate targets, we need to focus on electrifying as much of our society as possible, and we need to do this through clean electricity produced by renewable energy. But there will be a distinct group of activities, which we call the “hard-to-abate” sectors, that are difficult to electrify. This includes things like steel manufacturing, cement, fertilizer, shipping, and others. Green fuels, like hydrogen and ammonia, will be game changers in these industries, as they retain the properties of fuel and can be used to decarbonize these polluting processes.
If you achieve your moonshot, what will the world look like in 2030?
TP: If we achieve our moonshot in the green fuel area, we will be one of the first players globally to produce green ammonia—long before 2030—with commercial long-term contracts secured with offtakers around the world.