22 November 2022
TOKYO-Mitsui O.S.K. Lines, Ltd. announced that MOL and JERA Co., Ltd.) have signed a memorandum of understanding (MoU) to launch a study of transporting ammonia for use as fuel, including shipments to JERA's Hekinan Power Station in Aichi Prefecture, which is slated to start commercial operation in the late 2020s.
Ammonia is currently mainly used as a raw material for fertilizers, and the amount of ammonia transported by sea is limited, but with ammonia emerging as a next-generation clean energy source that does not emit carbon dioxide during combustion, large-scale demand for ammonia is expected in the future, particularly for co-firing and as a hydrogen carrier in coal-fired power plants.
Based on the MoU, MOL will team up with JERA to develop a large ammonia carrier and establish a safe transport system. Specifically, the MoU covers examination of the following topics:
To read the announcement by MOL Tokyo click here.