en.Wedoany.com Reported - Japan's largest power generation company, JERA Co., Inc. (JERA), and Thailand's state-owned electric utility, the Electricity Generating Authority of Thailand (EGAT), have signed a memorandum of understanding (MOU) to jointly assess opportunities for developing hydrogen and ammonia value chains in Thailand. The MOU was announced on June 29 during the 8th Japan-Thailand Energy Policy Dialogue.

Under the MOU, the collaboration between JERA and EGAT covers three areas: assessing market opportunities and commercial potential for hydrogen and ammonia, including technical, economic, and commercial feasibility analysis; evaluating the application of hydrogen and ammonia in the power generation sector, involving fuel substitution options; and analyzing policy, regulatory, and environmental factors related to the adoption of hydrogen and ammonia. Thailand has set a target of achieving net-zero greenhouse gas emissions by 2050, with hydrogen and ammonia viewed as potential options to support decarbonization and a diversified energy mix. Realizing the potential of these low-carbon fuels requires building a comprehensive value chain encompassing production, transportation, storage, distribution, and end-use applications, highlighting the importance of industry collaboration.

EGAT is Thailand's largest power generator and single bulk electricity buyer, playing a central role in the country's power system and energy security. JERA is pioneering the development of Japan's first integrated ammonia value chain, targeting completion by fiscal year 2029. Izumi Kai, JERA's Managing Executive Officer, Head of Platform Business Unit, and CEO of JERA Asia, stated that partnerships are crucial for identifying scalable and practical pathways to a low-carbon future, and the company is pleased to collaborate with EGAT in assessing the potential of hydrogen and ammonia as part of Thailand's energy mix. Through its "JERA Zero CO2 Emissions 2050" vision, JERA will expand renewable energy and advance low-carbon thermal power generation, aiming to achieve net-zero CO2 emissions by 2050, and will continue to collaborate with leading global partners to further develop low-carbon hydrogen and ammonia value chains.