Yara, Kyushu Electric Power in Clean Ammonia Deal to Cut CO2 Emissions
September 27 2021 - 3:59AM
Dow Jones News
By Dominic Chopping
Yara International ASA said Monday that it has signed a
memorandum of understanding with Japan-based power-generation
company Kyushu Electric Power Co., Inc to reduce CO2 emissions at
Kyushu's thermal-power-generation plants.
Under the deal, the Norwegian fertilizer producer and Kyushu
will jointly develop a clean ammonia supply chain to Kyushu's
coal-thermal-power-generation plants in the Kyushu region of Japan,
and jointly develop a receiving and distribution system of clean
ammonia.
Japan targets 3 million tonnes of ammonia import demand for fuel
by 2030 and 30 million tonnes by 2050 as part of its measures to
cut CO2 emissions and reach carbon neutrality by 2050, Yara
noted.
"Ammonia does not emit carbon dioxide during combustion and is
seen as an effective future energy source," it said.
Blue ammonia is derived from a carbon capture and storage
process, while green ammonia is produced carbon free by using
hydrogen sourced from renewable energy. The term clean ammonia
comprises both blue and green ammonia.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
September 27, 2021 03:44 ET (07:44 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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