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Japan to make hydrogen major power source by 2030

December 09/2020

MOSCOW (MRC) -- Japan will aim to make hydrogen a power source viable enough to produce the output of more than 30 nuclear reactors by 2030, the Nikkei newspaper reported. To achieve that goal in its bid to reduce carbon emissions Japan will have to make a technology now in its infancy commercially viable at scale, as the world accelerates an energy transition to prevent the worst impacts of climate change, reported Reuters.

The government will provide 2 trillion yen (USD19 billion) of funds to support efforts to make hydrogen viable as a fuel for electricity generators that burn without emissions, the Nikkei reported, without citing the source of its information.

Costs will have to be cut drastically to achieve a target of burning 10 million tonnes of hydrogen by 2030, with costs around 10 times higher for combustion of the fuel that only emits water vapour, the Nikkei said.

The industry ministry could not immediately comment on the report when contacted by Reuters.

The threshold has added urgency after Japan shifted its position recently and officially adopted a target of 2050 to achieve net-zero emissions.

With most of its nuclear sector still shut down after the Fukushima disaster in 2011, Japan relies heavily on carbon producing fuels like coal and natural gas.

The country will also aim to develop more renewable energy supplies to produce hydrogen for later use at times of plentiful sun or wind, the Nikkei said.

Japanese companies including Toyota Motor Corp on Monday said they established a new organisation, the Japan Hydrogen Association, to promote the creation of a hydrogen supply chain in the country.

By Monday 88 companies had joined the initiative, including Japan's biggest refiner Eneos Holdings Inc and trading house Mitsui & Co Ltd.

As MRC informed earlier, ENEOS Corporation (formerly known as JXTG Nippon Oil & Energy) took its larger naphtha cracker in Kawasaki off-line on 4 December 2020 for repairment after a technical issue reported at the butadiene separation unit in late November. The cracker was operating at 95% capacity before the shutdown in early December. The cracker with an annual capacity of 515,000 tons/year of ethylene, 300,000 tons/year of propylene, and 105,000 tons/year of butadiene would be shut for a month. The companys smaller cracker at the same location is not affected by the issue.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,760,950 tonnes in the first ten months of 2020, up by 3% year on year. Only high density polyethylene (HDPE) and linear low density polyethylene (LLDPE) shipments increased. At the same time, PP shipments to the Russian market reached 978,870 tonnes in  January-October 2020 (calculated using the formula: production minus exports plus imports minus producers' inventories as of 1 January, 2020). Supply of exclusively of PP random copolymer increased.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, butadien, crude and gaz condensate, PP random copolymer, propylene, HDPE, ethylene, petrochemistry, PET preforms, Mitsui, Nippon, Toyota motor, Russia, Japan.
Category:General News
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