水素・アンモニアプロジェクトに対するJOGMEC支援

～グリーン水素を原料とする合成燃料製造事業の事業評価の紹介～

抄録

Most of the “blue” and “green” hydrogen and fuel ammonia projects, as well as the production of synthetic fuels （e-fuel） from hydrogen, have not yet been on a commercial scale, and the industry itself has not yet been established. Therefore, the uncertainty of the business itself is higher than that of the oil and natural gas business, which has a history dating back to the beginning of the 20th century.

Amid growing interest from Japanese companies in participating in overseas decarbonization projects, in July 2024 JOGMEC decided to provide equity finance for Idemitsu Kosan’s purchase of shares in HIF Global LLC, a U.S. company promoting e-fuel projects that utilize green hydrogen feedstock in the U.S. and other countries.

Since the company has a limited business track record, JOGMEC focused on the four items in their project evaluation, such as Management/Context/Opportunity/Risk & Control from the perspective of macro analysis with the comprehensive risk-based approach, in addition to the screening criteria for hydrogen and fuel ammonia production and storage that JOGMEC has announced.