Collaboration to also examine hydrogen and ammonia supply chains plus decarbonisation of international operations.
Japanese energy company JERA has signed a memorandum of understanding with Aboitiz Power Corp to study ammonia co-firing at Aboitiz’s coal plants in the Philippines.
Through the collaboration, renewable energy generator Aboitiz Power aims to study ammonia co-firing at its 12 coal-fired power plants, develop hydrogen and ammonia supply chains, and decarbonise its international operations.
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“By joining forces in the pursuit of greener fuels, our two companies are not only advancing the cause of sustainability, but also paving the way for a cleaner and more vibrant future,” said said Aboitiz Power chairman Sabin Aboitiz.
“Ammonia offers a compelling solution for decarbonizing the power sector, and by looking into it, we are taking a step towards developing the infrastructure needed to support the ammonia and hydrogen value chains.”
If the technology is applied to existing coal-fired power plants, where appropriate, carbon dioxide emissions may be reduced by up to 50%.
With the introduction of these green fuel technologies, the impact on the Philippines economy could broad broader according to Aboitiz, from the construction of import terminals, storage facilities, power station retrofits, etc.
JERA has been a strategic partner of Aboitiz Power since 2021 when the Japanese firm fully acquired a 27% stake in the company.