Contributed by: Mira Cordier, CFA, Research Analyst – Energy Transition Executive Summary Japan has awarded capacity payments to six ammonia co-firing projects through two rounds of its Long-Term Decarbonisation Auction (LTDA) in 2024 and 2025. These...

Japan’s flagship ammonia co-firing strategy is designed to simultaneously maintain and decarbonise coal power generation’s position in the national grid. But is it a costly dead end? This report, first published in April 2025 and updated...