Japan companies to study making ammonia in Alaska for greener energy
04/10/2022 20:10
Oct 4 (Reuters) - Alaska Gasline Development Corporation
(AGDC) said on Tuesday it will study the feasibility of
producing ammonia in the state's Cook Inlet region with Japan's
Mitsubishi Corp 8058.T and TOYO Engineering Corp 6330.T and
Hilcorp Alaska.
The four companies agreed to "evaluate the commercial
feasibility of utilizing North Slope natural gas delivered to
Southcentral Alaska via the Alaska LNG Project to produce
carbon-free ammonia," AGDC said.
Carbon dioxide (CO2) emissions from production of the
hydrogen-rich fuel can be captured and stored underground in the
Cook Inlet basin, which has "world-class carbon sequestration
potential," Alaskan state-owned AGDC added.
Japan, the world's fifth-biggest CO2 emitter, is targeting
growing its demand for fuel ammonia, which does not emit CO2
when burnt for energy, to 3 million tonnes a year by 2030 from
zero now, reflecting its 2050 goal to become carbon neutral.
The costs and emissions associated with shipping ammonia to
Asian markets from Alaska are lower compared to the U.S. Gulf
Coast, AGDC said.
Japanese companies are also looking to invest in the
Canadian province of Alberta to produce ammonia and methanol in
the effort to build global supply chains of greener energy to
fight climate change, a provincial minister said on Monday.
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Hooked on coal for power, Japan aims for ammonia fix
urn:newsml:reuters.com:*:nL4N2RN0IE
Japan firms eye ammonia, methanol projects in Canada, Alberta
minister says urn:newsml:reuters.com:*:nL4N31110Y
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(Reporting by Deep Vakil in Bengaluru; Editing by Lisa
Shumaker)
((DeepKaushik.Vakil@thomsonreuters.com;))