JERA Co., Inc. (“JERA”) hereby announces that it has received notice of acceptance of its application, together with its subsidiary JERA Asia Pte. Ltd. and Toyo Engineering Corporation, for a grant as a New Energy and Industrial Technology Development Organization (“NEDO”) International Demonstration Project on Japan’s Technologies for Decarbonization and Energy Transition.
Ammonia is a clean fuel that emits no CO2 during combustion and, because it can be decomposed (cracked) to generate hydrogen, is expected to be used as a carrier for hydrogen transport and storage. To quickly achieve a hydrogen society, it will be important to ensure that the ammonia cracking equipment used to extract hydrogen from ammonia is able to respond to the demand for hydrogen, and to reduce its cost.
For the current project, the three companies will jointly investigate methods of providing a stable supply of hydrogen in Thailand and the potential for its widespread use across a range of industries, while also verifying the technology for extracting hydrogen from ammonia through cracking and developing ways to optimize the design of hydrogen storage facilities. The project is scheduled to run for one year beginning from the middle of fiscal 2024.
Based on the memorandum of understanding concluded with PTT Public Company Limited (“PTT”) (see 9 May 2023 press release), JERA is evaluating the feasibility of ammonia cracking technology as it looks to build a hydrogen and ammonia supply chain in Thailand, and will continue to cooperate with PTT through the current project.
JERA will contribute to global decarbonization and the solution of energy issues by making and expanding its low carbon hydrogen/ammonia supply chain in cooperation with leading domestic and overseas companies in order to realize JERA Zero CO2 Emissions 2050.