Hazer Group to Develop Clean Hydrogen Project in Nagoya, Japan with Chubu Electric and Chiyoda Corporation
Key Ideas
  • Hazer Group partners with Chubu Electric and Chiyoda Corporation to develop a clean hydrogen and graphite project in Nagoya, Japan.
  • The project aims to produce 2,500 tonnes of clean hydrogen annually and is scalable to meet increasing demand.
  • Hazer Group's solution offers a low-cost and near-term option for hard-to-abate sectors in Japan, utilizing methane pyrolysis with no CO2 emissions.
  • The hydrogen industry is shifting towards methane pyrolysis due to rising demand and concerns about the economics of green hydrogen.
Australia's Hazer Group has announced a partnership with Chubu Electric and Chiyoda Corporation to develop a clean hydrogen and graphite project in Nagoya, Japan. The project, utilizing methane pyrolysis, aims to produce 2,500 tonnes of clean hydrogen annually and offers scalability to cater to growing demand. Hazer Group's CEO highlighted the strategic significance of Japan's LNG infrastructure coupled with limited carbon capture options, positioning their solution as a cost-effective alternative for hard-to-abate sectors. Additionally, the company has entered a global alliance with KBR to expedite commercialization efforts. By focusing on hydrogen production for ammonia and methanol using methane pyrolysis, Hazer Group aims to disrupt the CO2 intensive market, seizing a segment currently valued at 54 million tonnes per annum. With methane pyrolysis producing no CO2 emissions and generating a valuable solid carbon byproduct, the project aligns with the industry's shift towards cleaner technologies. The potential integration of carbon capture and storage opens possibilities for negative emission practices, enhancing the project's environmental impact.
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