Tokyo Gas to enhance hydrogen production business
Tokyo Gas plans to establish a dedicated organisation to better manage the hydrogen production costs and CO2 management in April 2021. The aim is to reduce the production cost of hydrogen and work on Carbon Capture, Utilisation, and Storage (CCUS). Tokyo Gas wants to accelerate the CO2 net-zero drive. This was announced by the president of Tokyo Gas, Takashi Uchida, in the New Year greetings statement.
Tokyo Gas has already been operating four hydrogen refuelling stations. It established its first off-site commercial station in Nerima in December 2014 followed by on-site hydrogen station in Senju in January 2016, Urawa in February 2016 and Toyosu in December 2019. Toyosu is the largest among the four hydrogen refuelling station Tokyo Gas is operating and can refuel 20 fuel cell buses daily.
Although Tokyo Gas is the biggest seller of city gas in Japan, it still has not dominated the hydrogen market. There are other companies spearheaded and opened hydrogen refuelling stations in Japan. Currently, more than 100 hydrogen refuelling stations are operating across the country.
The awareness about sustainability and decarbonisation initiatives has been rising, and Japan is playing a key front line role. Japan has set a goal to achieve carbon neutrality by 2050.