Tokyo Gas has set out a detailed decarbonisation strategy as it strives to address market volatility, maintain stable supply and ensure viability in a Net Zero era.
The Tokyo Gas Group will strive toward achieving carbon neutrality in 2050 by thoroughly implementing low-carbon solutions through the expanded use of natural gas and renewable energy, and by developing the technologies needed to decarbonise gaseous energy.
While promoting the use of liquefied natural gas (LNG) in Japan and overseas as a means of reducing carbon dioxide (CO2) emissions, it will use the earnings to invest in advanced fields of renewable energy, especially offshore wind power, e-methane and hydrogen, and progressively turn those investments into businesses.
In its list of action points for the next two years, it will develop a low-cost water electrolysis cell stack for hydrogen production.
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