Conclusion of a Basic Agreement on Building the Hydrogen Energy Society of the Future: Building a Regional Hydrogen Value Chain2023/11/22
Yamanashi Prefecture and JERA Co., Inc. (“JERA”) have today agreed to jointly promote the building of a regional hydrogen value chain.
By expanding adoption of its Yamanashi Model Power-to-Gas (P2G) System*1, Yamanashi Prefecture is making progress in building a regional energy model that utilizes green hydrogen. JERA has been moving forward in considering production and transportation technology collaborations with multiple global operators aimed at building the hydrogen value chain.
Yamanashi Prefecture and JERA have decided to jointly promote building a regional hydrogen value chain that achieves the stable, cost-effective production and supply of both carbon-free power and hydrogen-based fuel by combining their respective strengths: Yamanashi Prefecture’s P2G system-based regional energy model and JERA’s global green hydrogen value chain.
Initially, they will consider installing hydrogen power-generating equipment in Komekurayama, Yamanashi and conducting demonstration testing of local power generating technology that enables the supply of 24/7 carbon-free electricity*2, which combines solar and other energy sources, to companies that are headquartered or have business facilities in Yamanashi Prefecture.
Yamanashi Prefecture and JERA will work together as they seek to achieve carbon neutrality, actively contributing to decarbonization across a wide range of fields and to building a future hydrogen energy society that utilizes local resources.
*1 The Yamanashi Model Power-to-Gas (P2G) System is a system for producing green hydrogen using cutting-edge polymer electrolyte membrane (PEM) water electrolysis equipment.
*2 24/7 Carbon-Free Electricity is a name for electric power that emits no CO2 24 hours a day, 7 days a week, 365 days a year.