Mitsubishi Heavy Industries, Ltd.
Regarding the contract for “design work related to advanced CCS projects (carbon dioxide separation, capture, transportation, and storage)”
……
ITOCHU Corporation (Headquarters: Minato-ku, Tokyo, President and COO: Keita Ishii, hereinafter referred to as “ITOCHU”), Nippon Steel Corporation (Headquarters: Chiyoda-ku, Tokyo, Representative Director and COO: Tadashi Imai, hereinafter “Japan Taiheiyo Cement Co., Ltd. (Headquarters: Bunkyo-ku, Tokyo; President and CEO: Yoshifumi Taura; hereinafter referred to as “Taiheiyo Cement”); Mitsubishi Heavy Industries, Ltd. (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Kiyoji Izumisawa) , hereinafter “Mitsubishi Heavy Industries”), INPEX Co., Ltd. (Head office: Minato-ku, Tokyo, President and CEO: Takayuki Ueda, hereinafter “INPEX”), Taisei Corporation (Head office: Shinjuku-ku, Tokyo, President and CEO: Yoshiro Aikawa) Taisei Corporation) and ITOCHU Oil Exploration Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Takayuki Tsutsumi; hereinafter referred to as “ITOCHU Oil Exploration”) jointly proposed a CCS project in the Tohoku region along the Sea of Japan. The concept (hereinafter referred to as “this concept”) was selected for the “Design work related to advanced CCS projects” (hereinafter referred to as “this work”), which is a public offering project of the Japan Energy, Metals and Minerals Japan (hereinafter referred to as “JOGMEC”), an independent administrative agency. I would like to inform you that. *1
CCS aims to decarbonize the Hard-to-Abate industry*2 in order to achieve the two goals set by the Japanese government: “Carbon neutrality by 2050” and “46% reduction in greenhouse gas emissions by FY2030 (compared to FY2013).” It is positioned as a means that should be utilized to the fullest in the field of development. In order to implement this in society, JOGMEC aims to realize underground storage of carbon dioxide (hereinafter referred to as “CO2”) emitted in Japan by 2030, and will launch an advanced CCS project (hereinafter referred to as “Advanced CCS Project”) in 2023. ”), and this project was selected as one of the first advanced CCS projects in Japan to receive government support.
This project uses ships to transport and store CO2 separated and recovered from the Oita area of Nippon Steel’s Kyushu Works and the Taiheiyo Cement Group’s DCI Kawasaki Plant to suitable storage sites. We have conducted feasibility studies regarding collection,
transportation, and storage. In addition to sorting out technical issues in the overall business, the business feasibility study also includes considerations for achieving economic efficiency and social acceptance*3.
This work, which has been adopted this time, will include the next phase, which is the front end engineering design (FEED) work related to the separation, capture, transportation, and storage of CO2, as well as trial drilling surveys *4. Based on the results of the above-mentioned business feasibility study, we will proceed with the basic design work of the business from both technical and economic aspects for each element of CO2 separation and capture, shipping, and underground storage, and plan to start operations in 2030. Our goal is to connect.
The seven companies will continue to collaborate, aiming for early social implementation of CCS in Japan and contributing to the realization of a sustainable society.
-The role of each company in this work-
[Image 1
-Assumed schedule for this concept-
[Image 2
*1: Contents published by the Ministry of Economy, Trade and Industry and JOGMEC on June 28, 2020
– Materials published by the Ministry of Economy, Trade and Industry: Advanced efforts towards commercialization of CCS ~ JOGMEC selected “Advanced CCS business” for FY2020 ~
https://www.meti.go.jp/press/2024/06/20240628011/20240628011.html ・JOGMEC published materials: Advanced efforts towards
commercialization of CCS – 9 projects selected as candidates for design work, etc. to start CO2 storage by 2030 –
https://www.jogmec.go.jp/news/release/news_10_00191.html
*2: Refers to industries in which decarbonization is expected to be difficult to achieve through electrification and hydrogenation alone, including the materials industry.
*3: Regarding the contract for “Reiwa 5th research regarding the implementation of advanced CCS projects (separation and capture, transportation, and storage of carbon dioxide)”
https://www.mhi.com/jp/news/230802.html
*4: Outline of public recruitment for outsourcing contractors regarding JOGMEC “design work related to advanced CCS projects” https://www.jogmec.go.jp/news/bid/bid_10_00836.html
■Mitsubishi Heavy Industries, Ltd.
Website: https://www.mhi.com/jp/
Online magazine “SPECTRA” (Japanese): https://spectra.mhi.com/jp Official Twitter: @MHI_GroupJP