April 7 (Renewables Now) - Australian natural gas producer Woodside Petroleum Ltd (ASX:WPL) and three companies in Japan will study together the use of hydrogen as an energy source, including in the form of ammonia.
The Japanese partners are energy major JERA Co Inc, a joint venture between TEPCO Fuel & Power and Chubu Electric Power (TYO:9502), heavy-industry manufacturer IHI Corporation (TYO:7013) and trader Marubeni Corp (TYO:8002). The consortium will carry out a feasibility study that will cover the entire hydrogen-as-ammonia value chain. It will look at the construction and operation of world-scale ammonia facilities and research how supply chain costs can be optimised.
The New Energy and Industrial Technology Development Organization (NEDO) of Japan has given its nod to the study.
“Woodside and its partners in Japan have forged new energy pathways before and we can do so again, as we expect by 2030 to see large-scale hydrogen production around the world and we intend to be part of that," said Woodside CEO Peter Coleman.
As part of the study, the Australian company will be looking into the transition from blue hydrogen, produced from natural gas, to green or renewable hydrogen for export.