Japan mulls to raise hydrogen supply sixfold by 2040

April 6, 2023 |

In Japan, Kyodo News reported that Japan plans to increase its supply of hydrogen sixfold from the current level to around 12 million tons by 2040. According to the report, the Japanese government will aim to generate $113 billion in investment from both the public and private sectors over the next 15 years to achieve the goal. Prime Minister Fumio Kishida said the government aims to accelerate building international supply chains to provide more hydrogen in collaboration with Australia, as well as Middle Eastern and other Asian countries. The report also highlighted that the government has also vowed to realize the commercialization of hydrogen power generation by 2030.

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Category: Hydrogen

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