H2 Argus team started front-end engineering design in Ukraine and plans to derive a hydrogen production method optimized in terms of efficiency and economic feasibility by applying both PEM (polymer electrolyte membrane water electrolysis) and AEC (alkaline water electrolysis) technologies, which are representative water electrolysis technologies, at the FEED stage. Based on this FEED,a final investment decision (FID) will be made at the end of 2025 according to plan. Project will greatly contribute to achieving Ukrainian s carbon neutrality goal. Some of the clean hydrogen to be produced through this project will be used locally and the rest will be converted to ammonia form and brought into the country to be used in various forms.