JERA Co., Inc has entered into a Joint Study Agreement with Petroliam Nasional Berhad, facilitated by its subsidiary – PETRONAS CCS Solutions Sdn. Bhd., to assess the feasibility of capturing and storing CO2 emissions produced by JERA in Japan, followed by transportation to Malaysia for storage.

Carbon capture and storage plays a vital role in mitigating CO2 emissions, particularly for industries facing challenges in emission reduction. Governments globally are actively supporting CCS initiatives, with significant momentum observed in the Asia-Pacific region.

Malaysia, rich in potential sites for underground CO2 storage, is actively pursuing CCS projects. Leveraging PETRONAS’ expertise in CCS, the collaboration with JERA holds promise for establishing a global network for cross-border CO2 transport and storage.

The JSA entails a comprehensive examination of the CCS value chain, encompassing CO2 separation and capture in Japan, transportation modalities for cross-border CO2 transport, and storage in Malaysian gas fields.

As part of its “JERA Zero CO2 Emissions 2050” initiative, JERA is committed to achieving net-zero CO2 emissions from its domestic and international operations by 2050. To further CCS projects, JERA is intensifying its evaluation of CO2 capture and storage technologies, alongside assessing associated economic considerations.

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2nd April 2024