Tokyo Electric Power : HoldingsPertamina NRE - TEPCO HD Joint Study on the development of green hydrogen and green ammonia

October 18, 2022

Pertamina NRE
Tokyo Electric Power Company Holdings, Inc.

JAKARTA - Pertamina Power Indonesia (Pertamina NRE) and Tokyo Electric Power Company Holdings, Incorporated (TEPCO HD) signed a joint study agreement (JSA) on the development of green hydrogen and green ammonia on Tuesday (October 18) at the G20 State-owned Enterprises International Conference in Nusa Dua, Bali.

The signing was carried out by the Chief Executive Officer (CEO) of Pertamina NRE, Dannif Danusaputro, and Executive Vice President & Chief Innovation Officer (CIO) of TEPCO HD, Chikara Kojima, and witnessed by Deputy Minister I of SOE Pahala N. Mansury and Director of Strategy, Portfolio, and New Ventures of Pertamina A. Salyadi Dariah Saputra. Pertamina NRE and TEPCO HD will combine Pertamina's geothermal power generation technology and TEPCO HD's hydrogen production technology to establish optimal operational technology and achieve cost-competitive green hydrogen & green ammonia production and transportation through this Joint Study.

"Hydrogen production is one of Pertamina NRE's future business areas. We are developing a green hydrogen pilot project in the Ulubelu geothermal area with a production target of 100 kg/day. With the potential that we have, we believe we can be a pioneer hydrogen producer in the region and contribute to carbon emission reductions. We are very excited about our collaboration with TEPCO in this joint study," said Dannif.

"In our carbon neutrality strategy, TEPCO HD is aiming for net-zero CO₂ emissions from energy supply by 2050. As part of this, we are striving to promote the utilization of hydrogen and ammonia. We are pleased to use our technology to contribute to the promotion of energy transitions, such as geothermal power generation and green hydrogen production, which are necessary for Indonesia's carbon neutrality goals. It is very encouraging to proceed with this project together with Pertamina NRE, a leading company in the energy industry in SEA." said Chikara Kojima.

Indonesia has the second largest geothermal energy potential in the world, reaching 24 GW. Today, Pertamina NRE, through its subsidiary, Pertamina Geothermal Energy (PGE), has installed and operates geothermal capacity of up to 672 MW from six areas, comprising Sibayak, Ulubelu, Lumut Balai, Kamojang, Karaha, and Lahendong.

Pertamina NRE is a Pertamina sub-holding focusing on clean energy business and is the Indonesian government's strategic partner in delivering energy transition, as well as achieving net-zero emissions. Pertamina NRE is strongly committed to implementing environmental, social, and governance (ESG) initiatives in order to support the achievement of Sustainable Development Goals (SDGs).

TEPCO is the largest electric power company in Japan and has provided people with a comfortable life for many years through its energy supply services. TEPCO is aiming for net-zero CO₂ emissions from energy supply in 2050 as a carbon neutrality strategy. Hydrogen is an important factor in this, and TEPCO is working to promote its utilization. Since 2016, TEPCO has been conducting a hydrogen production demonstration project in Yamanashi Prefecture, Japan, and has accumulated a considerable amount of experience and technology.

With the support of the Indonesian government, Pertamina NRE and TEPCO HD will actively tackle this project to realize a carbon-neutral world.

About Pertamina NRE
PT Pertamina Power Indonesia (Pertamina NRE) is member of PT Pertamina (Persero), Indonesia's largest energy company, comprised of four business entities: PT Pertamina Geothermal Energy (subsidiary), PT Jawa Satu Power (affiliate), PT Jawa Satu Regas (affiliate), and PT Industri Baterai Indonesia. Its business focuses on clean energy development. It is highly committed to support Indonesia's net zero emission 2060 through energy transition and to implement ESG.

About TEPCO HD
Tokyo Electric Power Company Holdings, Inc. (TEPCO) is Japan's largest power company group, comprised of four independent business entities: TEPCO Fuel & Power, Inc., TEPCO Power Grid, Inc., TEPCO Energy Partner, Inc., and TEPCO Renewable Power, Inc. The Group generates, distributes and sells electricity and other types of energy principally in the Kanto Region, which includes Japan's two most populous urban centers, Tokyo and Yokohama. TEPCO's 37,939 employees (TEPCO Holdings and its consolidated subsidiaries; as of March 31, 2022) are committed to providing safe, reliable power as well as fulfilling the company's responsibilities to the communities of Fukushima.
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