So does that mean they are no longer a hydrogen company, but now an Ammonia company.
A study of using 20% ammonia with coal fired power plant in Japan will increase the wholesale cost to produce electricity by 350%. Just think that through for a moment. Say yourr monthly power bill is $2000, are you going to be happy with it going to $7000!. Other than that energy poverty you plunge the nation into, making all industrioes uncompetitive, and the fact that natural gas is at all tiome highs (not accounted for in the figures), it all looks good on a power point slide. Lets raise some cash.
The Japanese engineering company JGC shared relevant facts and figures at the 2018 NH3 Energy Topical Conference in a presentation entitled “Cost Evaluation Study on Low Carbon Ammonia and Coal Co-Fired Power Generation.” According to JGC, the current levelized cost of electricity from coal-fired generation in Japan is approximately JPY ¥6.5 (USD $0.054 at the then-prevailing exchange rate) per kWh
Under JGC’s scenario, the ammonia for co-firing is produced in the United Arab Emirates in conjunction with full capture of CO2 from both “fuel” and “feedstock” phases of production. When the resulting ammonia is imported and applied at a 20% co-firing rate, the electricity cost rises to JPY ¥21.7 (USD $0.180) per kWh.
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