Five Japanese firms to study hydrogen potential in Chubu
Five companies have been appointed by Japan’s New Energy and Industrial Technology Development Organisation to conduct a feasibility study on the distribution business of hydrogen in Chubu region.
Sumitomo Corp, Chiyoda Corp, Toyota Motor Corp, Japan Research Institute, and Sumitomo Mitsui Banking Corp on August 6 said they would build on the previous study of potential hydrogen demand in Chubu region by the hydrogen utilisation study group conducted in February this year. The companies will focus on developing a large-scale hydrogen supply chain.
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The study will also address the economic viability of the large-scale receiving and distribution business and sort out financial, technical and regulatory challenges for commercialisation assuming that hydrogen is imported in the Chubu region.
Iwatani Corp, Chubu Electric Power Co, Toho Gas Co, Air Liquide Japan, and Mitsubishi Chemical Corp, as a member of 'Chubu Hydrogen Utilisation', and the five companies have formed the consortium to complete this study. They will also cooperate with other member companies in 'Chubu Hydrogen Utilisation'.