Mitsubishi Corporation (Japan), Chiyoda Corporation (Japan) and Sembcorp Industries (Singapore) today (4th October) have signed an MoU to explore the feasibility and implementation of a commercial-scale, decarbonised hydrogen supply chain in Singapore.
Under the agreement, Sembcorp will combine its know-how in energy with Chiyoda’s Spera hydrogen technology and Mitsubishi project development expertise and industry-wide global network.
The project aims to help Singapore meet its long-term CO2 reduction target and contribute to global decarbonisation efforts that aim to realise a sustainable future. Singapore’s Long-Term Low-Emissions Development Strategy (Leds) aims to halve emissions from the country’s expected 2030 peak to 33 million tonnes of CO2 equivalent by 2050. Singapore has added hydrogen to its strategy to control emissions.
The partners will also benefit from Chiyoda’s Spear Hydrogen, an organic chemical hydride (OCH) hydrogen storage and transportation technology. LOHC (liquid organic hydrogen carrier) technologies allow hydrogen to be safely transported in chemical tankers at normal atmospheric temperature and pressure.
In March 2020, Chiyoda signed an MoU with Mitsubishi and five private companies in Singapore, including Sembcorp, and in collaboration with the Singaporean government, commenced discussions on the potential of importing and utilising hydrogen in Singapore.
In May 2021, the Japanese government announced the Asia Energy Transition Initiative (AETI) to support sustainable economic growth and carbon neutrality in Asia, and both Japan and Singapore have commenced dialogue on energy transition. The Spera Hydrogen will be leveraged under the AETI initiative.