Japanese power generation company Jera Co. has unveiled plans to invest approximately ¥5 trillion in decarbonization efforts, with a focus on shifting towards ammonia and hydrogen as alternative fuels for thermal power plants. These fuels are considered promising due to their carbon dioxide emission-free combustion. The company, jointly owned by Tokyo Electric Power Company Holdings Inc. and Chubu Electric Power Co., aims to handle 7 million tons of ammonia as part of its growth strategy until fiscal 2035. In addition to ammonia and hydrogen, Jera will continue investing in thermal power generation using liquefied natural gas (LNG) and renewable energy sources. By maintaining an annual LNG transaction volume of over 35 million tons, Jera plans to expand the use of LNG for power generation in Asia, where coal-fired power generation is prevalent. During a press conference, Jera President Hisahide Okuda emphasized the importance of achieving decarbonization, ensuring stable energy supply, and maintaining affordability by adopting a mix of energy options, including ammonia, hydrogen, and LNG.