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A collaboration between German company Siemens, the Science and Technology Facilities Council, Oxford University and the University of Cardiff has resulted in the development of the world's first Green Ammonia Energy Storage Demonstrator. Launched in Oxford in the UK, the £1.5m ($1.97m) pilot project uses water to make hydrogen, and extracts nitrogen from the air to create ammonia. It can be turned into fertiliser, potentially saving 360 million tonnes of CO2 worldwide, or stored as a fuel for gas turbine engines and transported to countries with few renewable resources.