Eight Rivers CEO Damien Beauchamp discusses the commercial status and capacity of Project Cormorant, a clean ammonia facility.
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“You know, the project is structured to produce 900,000 tons of ammonia, and we've, we found offtake for about 18% of that 900,000, and we're working on, on getting the rest of that ammonia offtake secured.”
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More from Damien Beauchamp
AssertionSupported
Beauchamp: Solar and wind are merely additive to record fossil fuel use
“If you look back to 1800, even biomass today is used more than it was in the 1800. Oil is used more. Gas, coal, everything is used more. And solar and wind were simply additive.”
Beauchamp: Pure hydrogen production fails without a co-located industrial consumer
“The hydrogen, for the sake of hydrogen, doesn't seem to be working. You need to have something that's consuming hydrogen, and you hear a lot of people talk about, you know, the future hydrogen market.”
Beauchamp: 8 Rivers panicked when SK offtake contract timelines shifted
“There wasn't a firm off-take contract in place, but that moment was one of kind of panic and a feeling of desperation and devastation because of the amount of time, energy, and money that had been put into that particular project because we were trying to do i…”
Beauchamp: 8 Rivers needs $100M to reach FID on two major projects
“With that hundred million, we would achieve FID on both Cormorant and one of our AFCC projects that we've announced with ENTEC or Pacific Corp. So with that, we would achieve FID and break ground on both of those projects.”
Beauchamp: 8 Rivers is Siemens Energy's largest external partnership in history
“Internal, To Siemens Energy, this is the largest development program they've ever done in their history in partnership with an outside group. So they have over 200 engineers working on this program. I would say about a hundred of those are full-time.”
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