Japanese Companies Join Forces for Geothermal Hydrogen Production Expansion
Key Ideas
- Tokyo Electric Power Co. Holdings and Obayashi collaborate to produce hydrogen using geothermal power in Indonesia and New Zealand, respectively.
- TEPCO partners with Yamanashi prefecture and Toray to work with Pertamina in Indonesia, aiming to start production by 2027.
- Obayashi's initiative in New Zealand aligns with the growing demand for low-emission energy sources.
- The projects signify a strategic move towards utilizing renewable resources for hydrogen production.
Tokyo Electric Power Co. Holdings and Obayashi, major Japanese companies, have announced plans to produce hydrogen through geothermal power in Indonesia and New Zealand, respectively. TEPCO will collaborate with Yamanashi prefecture and Toray to install hydrogen production equipment at a geothermal power plant in Indonesia, in partnership with Pertamina, the state-run oil company. The aim is to commence production by 2027, highlighting a significant step towards utilizing renewable sources for hydrogen generation. Simultaneously, Obayashi's venture in New Zealand reflects the increasing global interest in low-emission energy solutions. These initiatives indicate a positive shift towards sustainable practices and the exploration of renewable resources to meet the rising demand for clean energy.