| イベントタイトル | <Issues of Ammonia-Coal Co-firing, Session 1> Is ammonia co-firing sustainable? High costs pose risks for Japan |
| Date/Time | July 4th, 2025 (Friday) 13:30-14:30 |
| Format | Online (Zoom) |
| Participation | free |
| Language | with simultaneous interpretation |
| Capacity | 100名 |
| Hosted by | Kiko Network |
| Cooperation | Asia Research & Engagement (ARE) |
Background
The Japanese government has positioned ammonia co-firing with coal as one of its decarbonization strategies in the power sector and has clearly stated in its 7th Strategic Energy Plan that it will promote the use of ammonia through Long-Term Decarbonization Power Source Auction. Specifically, the government plans to invest approximately 15 trillion yen from the public and private sectors over the next 15 years and set a price difference subsidy system to build a hydrogen/ammonia supply chain. It also sets an ambitious target to increase the annual supply by six times from the current level to 12 million tons by 2040 and reduce the cost. However, ammonia/hydrogen co-firing thermal power not only leads to the conservation of fossil fuels, but also has been pointed out their high costs.
In the report recently published by Asia Research & Engagement (ARE), a financial consulting firm based in Singapore, it was revealed that the replacing co-firing with blue ammonia could cause major losses for Japan's power sector and investors. In this webinar, along with an explanation of the analysis results by the author of the ARE’s report, we will provide an overview of Long-Term Decarbonization Power Source Auction that support ammonia co-firing in Japan.
Program (presentation title might be changed)
1．The Economics of Ammonia Co-Firing in Japan
Understanding the Costs, Subsidies, and Policy Trade-Offs
Mira Cordier, CFA
2．Issue of Long-Term Decarbonization Power Source Auction (tentative)
Takako Momoi（Kiko Network）
3．Q&A
Related Information
Asia Research and Engagement (ARE) : Japan’s Ammonia Strategy: Excessive costs signal need for alternatives in the power sector Report Download
