Japan's top power utility, JERA, has announced a substantial investment of 5 trillion yen ($32.4 billion) over the next decade in renewable energy, hydrogen, ammonia, and LNG. By fiscal year 2035, JERA aims to increase its renewable energy capacity to 20 gigawatts and handle 7 million tons of hydrogen and ammonia. The company also targets maintaining its annual LNG transaction volumes and reducing carbon dioxide emissions by at least 60% from 2013 levels. JERA plans to secure stable LNG supply for Japan and Asia, taking steps to address market fluctuations and maintain its market share. They also plan to phase out inefficient coal-fired power plants by 2030 and convert all other coal-fired power to ammonia by the 2040s. Additionally, JERA is exploring co-firing ammonia with coal as a potential solution for emissions reduction. The company is focused on building a clean energy platform by combining zero-emission thermal power with renewables and expanding this model across Asia. JERA's president highlighted the importance of LNG in promoting a low-carbon society in Asia while also considering the rise in electricity demand due to data centers, AI, and the semiconductor industry. The company is on track to increase net profit and is evaluating options for capital increase, including an IPO.