To capture the opportunities offered by low-carbon alternatives, five Singapore and two Japanese companies signed a Memorandum of Understanding (MoU) to study how hydrogen as a low-carbon alternative can contribute to a clean and sustainable energy future for Singapore.
Under the MOU, PSA Corporation Limited (PSA), Jurong Port Pte Ltd (Jurong Port), City Gas Pte Ltd, Sembcorp Industries Ltd, Singapore LNG Corporation Pte Ltd, Chiyoda Corporation (Chiyoda) and Mitsubishi Corporation (Mitsubishi) will establish ways to use hydrogen as a green energy source. This regards the research and development of technologies related to the importation, transportation and storage of hydrogen.
The companies will identify and demonstrate use cases using Chiyoda’s SPERA Hydrogen, Liquid Organic Hydrogen Carrier (LOHC) technology to enable 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 Singapore companies will cooperate with Chiyoda and Mitsubishi to evaluate the technical and commercial feasibility of hydrogen usage, to develop a business case for hydrogen import and utilisation in Singapore.
Powering our horizontal transport with hydrogen is just the beginning, and we will see its application expanding in the future, playing a part in our Smart Grid systems with EMA, and augmenting business adjacencies in our future Tuas Ecosystem
stated Ong Kim Pong, Regional CEO Southeast Asia, PSA International.
Driven by the challenge of climate change, the Singapore Government is engaging various stakeholders to co-create solutions for Singapore’s Energy Story. The National Research Foundation (NRF) Singapore will also collaborate with the Maritime and Port Authority of Singapore (MPA) to address the maritime decarbonization challenge through research and technology development.
Commenting on the signing of the MoU, Professor Low Teck Seng, Chief Executive Officer, NRF, highlighted that:
Singapore needs to stay ahead in the research and development of alternative energy sources in our transition towards a low-carbon and low-emission economy
The companies will leverage each other’s expertise, to study how hydrogen can be used as an emissions-free alternative to existing carbon sources.
They will also work alongside researchers to look at how technologies in this area can be further developed for the production and distribution of hydrogen.
This effort will be supported by public sector agencies, to accelerate the potential use of hydrogen as a low-carbon solution that will reduce Singapore’s carbon footprint.