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5411 - JFE Holdings Inc News Story

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J-Power scraps plan for new coal-fired power plant in western Japan

Fri 16th April, 2021 12:20pm
TOKYO, April 16 (Reuters) - Japan's Electric Power
Development  9513.T  (J-Power) said on Friday it had scraped a
plan to build a 1.2 gigawatt (GW) coal-fired power plant in
Yamaguchi, western Japan, after a comprehensive assessment of
the changing business environment.
    "We have decided to cancel our plan after considering demand
outlook in western Japan, rising capacity of renewable energy
and other circumstances surrounding our business environment," 
Hitoshi Kanno, executive managing officer at J-Power told a news
conference.
    The move comes amid a growing global trend towards
decarbonisation and after Chugoku Electric Power  9504.T  and
JFE Steel cancelled a plan to build a thermal power station last
month.  urn:newsml:reuters.com:*:nL1N2LT0VK
    J-Power, Japan's biggest coal-fired power generator, also
said it planned to build a gasification facility at the No.2
coal-fired power plant in its Matsushima station in Nagasaki,
southern Japan, to improve efficiency and curb CO2 emissions.
    "We aim to further reduce CO2 emissions by co-firing biomass
and ammonia in the future and use carbon capture utilisation and
storage (CCUS) technology in the further future," Kanno said.
    "It would be the first step toward our goal of realising
CO2-free hydrogen power generation and CO2-free hydrogen
production and supply," he said.
    J-Power will use technology developed at its Osaki CoolGen's
project in Hiroshima, western Japan, which generates electricity
with both gas turbines and steam turbines through a coal
gasification combined cycle, turning coal into a combustible gas
with a high proportion of hydrogen, a company spokesman said.
    With the gasification system added to the existing 500
megawatt (MW) power plant, the 40-year-old plant will improve
its efficiency by 5 percentage points to 46% and reduce CO2
emissions by 11% from the current level, he said.
    J-Power said in February it plans to cut CO2 emissions by
40% by 2030 through shutting old coal-fired power plants and
upgrading some existing plants with advanced technology such as
gasification.  urn:newsml:reuters.com:*:nL1N2KW0YO

 (Reporting by Yuka Obayashi; Editing by Kirsten Donovan)
 ((Yuka.Obayashi@thomsonreuters.com; +813-4563-2761;))
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