Yara and JERA plan to collaborate on clean ammonia to decarbonize power production in Japan - Seite 2

Yara is a world leader in ammonia, with long experience and leading positions within global ammonia production, logistics and trade. The Oslo-based company produces roughly 8.5 million tonnes of ammonia annually. Yara employs a fleet of 11 ammonia carriers, including 5 fully owned ships, and owns 18 marine ammonia terminals with 580 kt of storage capacity – enabling it to produce and deliver ammonia across the globe. Yara recently established a new Clean Ammonia unit to capture growth opportunities in emission-free fuel for shipping and power, carbon-free fertilizer and ammonia for industrial applications.

Contacts

Thor Giæver, SVP Investor Relations
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Josiane Kremer, Director External Communications
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About JERA
Established in 2015 as an equal joint venture between two major Japanese electric companies (TEPCO Fuel & Power Incorporated and Chubu Electric Power Company), JERA is an energy company with global reach and strengths across the entire energy supply chain from participation in LNG upstream projects and fuel procurement through fuel transportation and power generation.

JERA’s mission is to provide cutting-edge solutions to the world's energy issues by offering to other countries energy supply models established in Japan through JERA’s global operations. Looking toward 2025, JERA focuses primarily on energy solutions in two areas: the LNG value chain and large-scale renewable energy centered on offshore wind power generation. To further drive its existing initiatives and clarify its long-term vision, JERA established its "JERA Zero CO2 Emissions 2050" plan in October 2020 based on the development of zero-emission thermal power generation using ammonia and hydrogen.

JERA’s current global power generation capacity is approximately 80GW and its LNG transaction volume is approximately 36MTPA—among the largest in the world.
For further details: https://www.jera.co.jp/english/

About Yara
Yara grows knowledge to responsibly feed the world and protect the planet. Supporting our vision of a world without hunger and a planet respected, we pursue a strategy of sustainable value growth, promoting climate-friendly crop nutrition and zero-emission energy solutions. Yara’s ambition is focused on growing a climate positive food future that creates value for our customers, shareholders and society at large and delivers a more sustainable food value chain.