JERA, Japan’s largest power generation organization, has signed a joint collaboration agreement with Lotte Fine Chemical (LFC) of South Korea to develop low-carbon fuel value chains. Both companies will collaborate on three initiatives to accelerate the development of standardized commercial frameworks, to optimize each party’s ammonia portfolio, and to communicate with governments to establish and expand the low-carbon fuel value chain.
“As Japan and Korea strengthen their cooperation to achieve ensure energy security and building resilient supply chains for clean hydrogen and its derivatives, we encourage this agreement of JERA and LFC and look forward to further progress in these endeavors,” said Hiroo Inoue, Director-General, Energy Efficiency and Renewable Energy Department of the Natural Resources and Energy Agency.
JERA recently launched cooperative agreements with CF Industries for developing a low-carbon ammonia facility in Louisiana (GM April 19, p. 1) and with ExxonMobil for exploring the purchase of low-carbon ammonia from Exxon’s Baytown facility outside of Houston (GM March 29, p. 27). JERA also recently launched a demo co-firing ammonia with coal at its Hekinan Thermal Power Station in Aichi (GM March 15, p. 27).