Chiyoda to participate in large-scale hydrogen utilization study for the Chubu Region in Japan.
Chiyoda Corporation announced that it has joined the Hydrogen Utilization Study Group in Chubu to study the potential for large-scale hydrogen use, and construct a supply chain for stable utilization of hydrogen in the Chubu region.
The group consists of companies from the energy sector, including oil, gas, and electricity, and industries such as petrochemicals, automobiles, finance etc. and, in taking its first steps in Japan to conducts cross sectional studies, is aiming to establish a large-scale hydrogen supply system using 300,00 tons/year of hydrogen by 2030.
Through its participation in the Group, Chiyoda goal is to develop a hydrogen supply chain by the mid 2020’s to 2030, contribute to a stable global environment and develop a sustainable society by achieving carbon neutrality by 2050.
READ the latest news shaping the hydrogen market at Hydrogen Central
Chiyoda to participate in large-scale hydrogen utilization study for the Chubu Region in Japan
Participant companies and Secretariat companies (*) as of July 2020, in alphabetical order
Air Liquide, Japan G.K., Chubu Electric Power Co., Inc., Idemitsu Kosan Co., Ltd., Iwatani Corporation, ENEOS Corporation, Mitsubishi Chemical Corporation, NIPPON STEEL CORPORATION, *Sumitomo Corporation, *Sumitomo Mitsui Banking Corporation, Toho Gas Co., Ltd., *Toyota Motor Corporation.
Purpose and main activities
To realize a hydrogen society, the group will study specific measures for large scale hydrogen utilization on the demand side while promoting social implementation of hydrogen with the supply side, and will:
- Conduct scoping studies of hydrogen demand from hydrogen receiving terminals to end users in the Chubu region, based on the presumption of large-scale hydrogen transport from overseas
- Estimate the potential demand of hydrogen in the Chubu region in power generation, oil industries, transportation, etc.
- Conduct sustainable hydrogen cost studies in each industry
- Clarify the bottleneck of technical, financial and legal frameworks to realize its business models leading to social implementation
Chiyoda website, 9 April 2021
