Page 8 - AsianOil Week 07 2022

AsianOil SOUTH ASIA AsianOil

RIL announces move to blue hydrogen

ENERGY INDIA’S Reliance Industries Ltd (RIL) has renewable energy as a means to power the water
TRANSITION announced that it will invest millions of dollars electrolysis process and emits no carbon dioxide
in repurposing a petroleum coke plant in Jam- (CO2).
nagar for the production of blue hydrogen. RIL RIL has previously expressed its intention to
intends to become the largest producer of blue move into clean energy projects and is planning
hydrogen in India and will eventually move into to adopt green hydrogen once its cost is reduced.
the production of green hydrogen, the company The company recently announced plans to invest
said in a presentation on February 12. $79bn in green energy projects that will drive
The coke plant, an asset to the conglomerate decarbonisation in India. Among the projects is
worth around $4bn, currently produces syngas, a 100-GW renewable energy power plant. The
which in future will be used to produce blue group has set a target of 2035 for net-zero emis-
hydrogen at a cost targeted at between $1.20- sions and wants to produce green hydrogen at a
$1.50/kg. Blue hydrogen is produced by using price of $1/kg by 2030.
hydrocarbons as fuel for the process that pro- “In the interim, till [the] cost of green hydro-
duces hydrogen. Using hydrocarbons, particu- gen comes down, RIL can be the first mover to
larly gas, is meant to be used in conjunction with establish a hydrogen ecosystem, with minimal
carbon capture and storage (CCS) for it to be incremental investment, in India,” the company
considered carbon neutral. said in the presentation. The company said it sees
CCS is a process that many gas producers pro- the production of blue hydrogen as an incentive
pose to introduce for the generation of hydrogen, that will lead to demand for green hydrogen.
but it has yet to be proven as a successful com- India is the world’s third-largest energy con-
mercial method to reduce carbon emissions. sumer and by 2030 it intends to cover 50% of
Syngas is known for its high carbon content and its energy demand through renewable sources,
toxic gas emissions. while reducing total CO2 emissions by 1bn
Green hydrogen is produced by using tonnes from 2005 levels.™
SOUTHEAST ASIA

Marubeni, Pertamina sign MoU on

Indonesian decarbonisation projects

ENERGY JAPAN’S Marubeni announced on February project in South Sumatra in 1995 and in Musi
TRANSITION 17 that it had signed a memorandum of under- Hutan Persada (MHP), a forest plantation
standing (MoU) with Indonesia’s Pertamina. company adjacent to TEL, in 2003. The BECCS
Under the non-binding agreement, the two project would mark another step forward in
companies have agreed to collaborate on the its efforts to supply more environmentally
development of decarbonisation projects in friendly pulp.
Indonesia. The Indonesian government has set a target
Citing the increasingly urgent need to reduce of net-zero GHG emissions by 2060. This would
greenhouse gas (GHG) emissions, the compa- require considerable investment, including $1.2
nies have identified carbon capture, utilisation trillion to help the country transition away from
and storage (CCUS) as one particular area to coal according to a government estimate from
focus on. However, they will look at other types 2021, when it adopted the 2060 deadline. State-
of energy transition initiatives as well. owned Pertamina has committed to helping the
Marubeni said the partners would work on government’s decarbonisation efforts by target-
the joint development of a variety of decarboni- ing a 30% reduction in its GHG emissions by
sation projects, including a bioenergy with car- 2030, compared to 2010 levels. It is also aiming
bon capture and storage (BECCS) venture at its to develop 10.2 GW of renewable generation
pulp mill in Indonesia. They will also produce capacity by 2026.
biomass and create carbon credits from decar- Marubeni, for its part, is targeting net-zero
bonisation projects. emissions from its operations by 2050.
The Japanese company provided some Japan has a bilateral carbon offset deal with
more details about the BECCS initiative, say- Indonesia, which encourages Japanese firms to
ing it was aimed at achieving a carbon-negative develop low-carbon technology, products, ser-
pulp production process. Marubeni invested in vices, systems and infrastructure in the South-
the Tanjungenim Lestari Pulp & Paper (TEL) east Asian country.™

P8 www. NEWSBASE .com Week 07 18•February•2022