Chiyoda Corp. (Yokohama, Japan; www.chiyodacorp.com) has entered into a memorandum of understanding (MOU) with 5 Singaporean companies, City Gas Ltd., Jurong Port Ltd., PSA International Ltd., Sembcorp Industries Ltd., Singapore LNG Corp., together with Mitsubishi Corp., to collaborate toward a sustainable hydrogen economy in Singapore. In March, a large-scale hydrogen-economy project was announced in Germany as well.
Singapore’s government has announced its Long-Term Low-Emissions Development Strategy (LEDS), which aspires to halve emissions from 2030 peak, to 33 million tons of carbon dioxide equivalent by 2050, with a view to achieving net-zero emissions as soon as viable in the second half of the century. One of the key thrust to realize the LEDS is drawing on emerging low-carbon technologies, such as low-carbon hydrogen. This also forms a key switch in the Singapore’s Energy Story towards a clean, affordable and more reliable energy future.
Chiyoda’s hydrogen storage and transportation technology (called SPERA Hydrogen) could play an important role. This technology, and other hydrogen innovations are covered in the article, Driving Toward a Hydrogen-based Economy.
Working closely with Chiyoda, a key technology and supply chain solution partner, the companies will identify and demonstrate use cases using Chiyoda’s SPERA Hydrogen, Liquid Organic Hydrogen Carrier (LOHC) technology to allow hydrogen to be safely transported in chemical tankers at normal atmospheric temperature and pressure. Mitsubishi will support this development as the main shareholder of Chiyoda. The five local companies will collaborate closely with these two key partners to evaluate the technical and commercial feasibility of hydrogen usage, to develop business for hydrogen import and utilization in Singapore.