Nitrogen+Syngas 399 Jan-Feb 2026
27 January 2026
Green ammonia project “economically unfeasible”
World Energy GH2 has shelved its 1.2 GW green hydrogen and ammonia project in Stephenville, Newfoundland, after failing to secure offtake agreements. Project Nujio’qonik was conceived as a major green hydrogen/ammonia scheme backed by 2 GW of new wind capacity, intended to export green ammonia to Europe. However, despite a $50 million investment from South Korea’s SK Eco-plant and high-profile endorsement by then German chancellor Olaf Scholz, the developer has confirmed that the project is being replaced by a new initiative, called Clean Grid Atlantic, which will use the wind resource to power domestic markets instead.
In an interview with CBC, John Risley, chairman of World Energy GH2 acknowledged that with no viable export market and a lack of domestic industrial demand, clean hydrogen in Canada remains “economically unfeasible” in current market conditions.
