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March 27, 2025

PTT Strengthens Japan Partnerships for Hydrogen and Low-Carbon Innovation

Ptt power plant thai
A gas-fired power plant operated by GPSC, a power generation arm of PTT, in Map Ta Phut, Rayong. PTT is interested in using hydrogen fuel, part of its efforts to reduce carbon dioxide emissions from businesses under its wing. — https://www.bangkokpost.com/business/general/2982181/ptt-mulls-tie-ups-with-japanese-firms
March 27, 2025

PTT Public Company Limited aims to deepen its collaboration with Japanese energy and industrial leaders to accelerate hydrogen development and low-carbon solutions. A key initiative is PTT’s partnership with Mitsubishi Heavy Industries to advance hydrogen production and carbon capture technology. This aligns with Thailand’s goal of integrating hydrogen into its energy mix and reducing dependence on natural gas. Additionally, PTT is engaging with other foreign firms to explore ammonia co-firing, a method that reduces carbon emissions in power generation. These partnerships reflect Japan’s broader strategy of investing in Southeast Asia’s energy transition while leveraging its expertise in hydrogen and advanced energy storage. 

PTT’s partnerships with Japanese firms align with a hybrid-solution vision by integrating hydrogen into industrial applications and power generation. It also coalesces with broader efforts by the U.S. and Japan to jointly develop energy resources and expertise across ASEAN. As Japan increases funding for hydrogen infrastructure across Asia, PTT is positioned to benefit from technology transfers and joint ventures that drive innovation, and so too can the U.S. private sector help facilitate this energy diversification. By leveraging these collaborations, U.S. companies can help in PTT’s aims to achieve carbon neutrality by 2040, making Thailand a regional leader in hydrogen and low-carbon energy. 

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