1、Japan:building a lower-carbon power society The role of gas and renewables to achieve energy security,economic efficiency,environmental sustainability and a lower-carbon power society 2Japan is the third-largest economy in the world with an estimated 2020 GDP of$4.8 trillion(538.7 trillion yen).The
2、recent COVID-19 crisis decreased GDP by 5.7%in 2020,but GDP is expected to recover back to 2019 levels in real terms by 2021.available regardless of the time of day or weather conditions,providing dependable capacity as long as needed,whether for minutes,hours,days or weeks at a time.Approaches to f
3、urther decarbonize gas-fired power plants include the use of hydrogen as a fuel for gas turbines to reduce CO2 emissions,and Carbon Capture,Utilization,and Storage(CCUS)technologies available today that can be rapidly deployed to have a near-term impact on the countrys path to decarbonization.*Also
4、discussed in this whitepaper is a region-specific alliance between GE and a Japanese industrial partner to develop an Ammonia Roadmap that could pave a way for reduced CO2 emissions while operating the gas turbines in the region.Based on our extensive analysis and experience across the breadth of th
5、e global power industry,GE believes that the accelerated and strategic deployment of renewables and gas power can change the near-term trajectory for climate change.GE has the capability and experience running gas turbines on increasing levels of hydrogen and partnering with the right players for CC
6、US projects.Creating the right energy mix wont be easybut with the right strategy and the right technology,Japan can chart a unique path to a greener economy with sustainable,reliable,and affordable power.*Decarbonization in this paper is intended to mean the reduction of carbon emissions on a kilog