Large-scale Hydrogen Supply Chain Establishment

Large-scale Hydrogen Supply Chain Establishment

Project Summary

Budget

Up to 315 billion yen

CO2 Reduction Effect (World)

In 2030
Approximately 7 million tons/year
In 2050
Approximately 400 million tons/year

Economic Effect (World)

In 2030
Approximately 0.3 trillion yen
In 2050
Approximately 5.5 trillion yen

Research and Development Targets

Hydrogen supply costs

In 2030
30 yen/Nm3
In 2050
20 yen/Nm3

Assumptions regarding estimates of CO2 reduction effect and economic effect

  • 1 million tons of hydrogen will be supplied by the international hydrogen supply chain in 2030, and 55 million tons of hydrogen will be traded worldwide in 2050.
  • Hydrogen provided through international hydrogen supply chains is expected to be used for hydrogen power generation.
  • Hydrogen is expected to replace imported natural gas, which emits less CO2 than other fossil fuels such as oil and coal, with equivalent heat values.
  • Economic impacts have been calculated on the basis of average hydrogen supply costs: 30 yen/Nm³ in 2030 and 100 yen/kg in 2050.

Research and Development Targets

(Reference) Breakdown of liquefied hydrogen supply costs