JERA and Yara sign ammonia MoU

Under the MoU, Yara and JERA are targeting collaboration in the following areas:

• Supply and development of new ammonia demand in Japan including power generation purpose.
• Sequestration of already captured CO₂ (CCS) at Yara’s ammonia plant in Pilbara, Australia, enabling the production and supply of blue ammonia to JERA.
• New clean (blue and green) ammonia project development.
• Optimisation of ammonia logistics to Japan.

Japan recently announced plans to introduce ammonia into the fuel mix for thermal power generation, as part of its measures to cut CO₂ emissions and reach carbon neutrality by 2050. As part of its Green Growth Strategy, the government targets ammonia imports of 3 million t by 2030.

“This ground-breaking collaboration aims to decarbonize JERA’s power production and provide Yara with a footprint in the strategically important Japanese market. Building blue and green ammonia value chains is critical to enabling the hydrogen economy, and collaborating with a key player like JERA marks a milestone in leveraging Yara’s global capabilities,” said Svein Tore Holsether, President and CEO of Yara.

JERA Corporate Vice President Yukio Kani said: “We are pleased to conclude this MoU with Yara, a leading global ammonia producer, which shares our aspiration to develop a clean ammonia value chain. We believe that this cross-sector collaboration will not only expand business opportunities for both companies but also accelerate the transition to a decarbonised society.”

Register for free to attend Ammonia 2021, an online conference focusing on cutting-edge developments in ammonia production technology: https://www.worldfertilizer.com/ammonia2021/register/

Read the article online at: https://www.worldfertilizer.com/project-news/12052021/jera-and-yara-sign-ammonia-mou/