IHI has started looking into converting liquefied natural gas (LNG) receiving and storage terminals near many gas-fired power plants into ammonia-based facilities.
Interest is increasing in ammonia as a carbon-neutral alternative to coal- and gas-fired power plants because its combustion emissions are free of carbon dioxide. IHI is thus developing technology to use ammonia to fuel boilers and gas turbines. Deploying carbon-neutral fuels entails constructing receiving and storage terminals. Converting LNG facilities should drive ammonia uptake by slashing costs and ensuring effective land usage.
IHI has engineered and constructed just under a third of the nation’s LNG receiving and storage terminals and around half of its LNG storage tanks. The company built a 250,000-kiloliter facility. It will leverage the technologies it has amassed in that work in developing new terminals, including storage tanks.
IHI will keep helping to materialize a carbon-neutral economy by developing technologies to use ammonia and building a fuel ammonia supply chain to cater to future demand growth.
