Expansion of the Renewable Energy Business

「Related costs were recorded in connection with the decision to suspend projects including the green hydrogen business plan in Queensland, Australia, and withdraw from them in effect.」

「At the Fukushima Hydrogen Energy Research Field (FH2R) in Namie, Fukushima Prefecture, we extended our contract with NEDO through fiscal 2025 and continued supplying hydrogen to commercial hydrogen stations and fuel cells installed at facilities in the prefecture. We also began initiatives to reduce hydrogen production costs, including optimisation of hydrogen supply and demand management.」

「We began basic design work for a project to produce green hydrogen on a large scale from renewable energy in Queensland, Australia.」

「To help realize a decarbonized society, we began feasibility studies for businesses that combine local renewable energy and hydrogen to expand local energy production for local consumption and address social issues. In the Awaji area of Hyogo Prefecture, we aim to develop a model for using hydrogen inexpensively and reliably in local industries and elsewhere by operating storage batteries in combination with hydrogen production equipment. In Aso District, Kumamoto Prefecture, we plan to use otherwise unused geothermal energy to produce hydrogen.」

「In addition, we promoted sales activities aimed at achieving our long-term vision of 'realising a decarbonised society through All Iwatani,' including providing services to support customers in reducing CO2 emissions through the J-Credit Scheme, in which we also participated, and participating in biomass power generation businesses.」

「We began considering the commercialization of a green hydrogen supply chain with Stanwell, an Australian power company, Fortescue Metals Group, an iron ore producer, and Kawasaki Heavy Industries,Ltd. We aim to produce and liquefy green hydrogen derived from renewable energy sources such as solar and wind power in Australia and import it on large liquefied hydrogen carriers.」

「The Fukushima Hydrogen Energy Research Field, in which we participate and which is equipped with one of the world's largest hydrogen production systems using renewable energy, has been completed and commenced operations.」

「(a) Evolution of the energy business, revolution in energy distribution, promotion of a hydrogen energy society, and expansion of the renewable energy business」

「(a) Evolution of the energy business, revolution in energy distribution, promotion of a hydrogen energy society, and expansion of the renewable energy business」

「In Fukushima Prefecture, we are also participating in the Fukushima New Energy Social Concept, which uses electricity generated from renewable energy sources such as solar and wind power to produce hydrogen. CO2-free hydrogen produced in Fukushima Prefecture will be transported to the Tokyo metropolitan area, where demand is concentrated, and used as fuel for FCVs and other applications at the 2020 Tokyo Olympic and Paralympic Games.」

「The main R&D projects are: ① introducing hydrogen testing and research facilities to reduce hydrogen station construction costs and strengthen safety technologies; ② conducting R&D on hydrogen measurement and hydrogen gas quality control technologies at hydrogen stations; ③ researching elemental technologies for establishing a large-scale liquefied hydrogen maritime transport supply chain under the Japan-Australia Brown Coal Hydrogen Project; ④ establishing hydrogen transport, storage and supply systems as part of the development of one of the world's largest hydrogen energy systems using renewable energy; and ⑤ developing hydrogen pipeline supply technologies for pure-hydrogen fuel-cell cogeneration systems, among others.」

「(a) Evolution of the energy business, revolution in energy distribution, promotion of a hydrogen energy society, and expansion of the renewable energy business」

「In July, we launched the Kitakyushu Hydrogen Town demonstration and PR project, and in August began construction in Fukushima Prefecture of one of the world's largest hydrogen energy systems using renewable energy.」

「(a) Evolution of the energy business, revolution in energy distribution, promotion of a hydrogen energy society, and expansion of the renewable energy business」

「(a) Evolution of the energy business, revolution in energy distribution, promotion of a hydrogen energy society, and expansion of the renewable energy business」