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/