Japanese shipping companies, Kawasaki Kisen Kaisha (âKâ Line), Mitsui O.S.K. Lines (MOL) and also Nippon Yusen Kabushiki Kaisha (NYK), have actually consented to sign up with JSE Ocean, a subsidiary of Japan Suiso Energy (JSE)
JSE stays the bulk investor with 50.2% of supply, whilst the shipping companies hold 16.6% each.
Japan’s Basic Hydrogen Strategy, changed by the Japanese federal government in June 2023, recognizes hydrogen as the choice to nonrenewable fuel sources as it targets decarbonisation. In the Strategy Japan dedicates to a target of 3 million tons/year of hydrogen by 2030, 12 million tons/year by 2040, and also 20 million tons/year by 2050.
The target hydrogen supply expense is around JPY30/ Nm3 (regular cubic meters of air) in 2030 and also JPY20/ Nm3 in 2050 at the factor of arrival inJapan To attain these rate and also quantity targets, and also produce a safe and secure worldwide supply …