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EP.153 Japan’s Green Transformation Act: Hitomi Komachi, Partner, Allen & Overy Tokyo

Energy Unplugged by Aurora

CHAPTER

Achieving Cost Parity with Fossil Fuels: Focus on Hydrogen and Ammonia in Japan

This chapter delves into the efforts to achieve cost parity with fossil fuels in the power sector, with a focus on hydrogen and ammonia. It explains the Japanese government's 2050 target cost for hydrogen, the significance of cost reduction in production, and the potential for green ammonia to lead in cost parity, supported by government initiatives like the price gap mechanism.

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