The Hydrogen Utilization Study Group in Chubu (“the Study Group”), of which Toyota Tsusho Corporation (“Toyota Tsusho”) is a participating member, has concluded a Comprehensive Cooperation Agreement for the Realization of a Large-scale Hydrogen Society in Chubu (“the Agreement”) with Gifu Prefecture, Aichi Prefecture, Mie Prefecture, and Nagoya City (“the Three Prefectures and One City”) and Nagoya Chamber of Commerce & Industry, Central Japan Economic Federation, and Chubu Association of Corporate Executives (“the Three Economic Organizations”). The purpose of the Agreement is to achieve supply chain construction for large-scale implementation and stable utilization of hydrogen in the Chubu region.
Also, in conjunction with the conclusion of the Agreement, a Committee for Promoting Social Implementation of a Large-scale Hydrogen Supply Chain in Chubu has been established to promote specific initiatives for achievement of the abovementioned purpose.
<Cooperation Matters in the Agreement>
Toyota Tsusho will cooperate with the Three Prefectures and One City and the Three Economic Organizations on the following matters for the social implementation of a hydrogen supply chain, which will play a key role in achieving carbon neutrality by 2050.
– Various initiatives, including infrastructure development and planning, to promote the importing, storage, supply, and utilization of hydrogen
– Initiatives contributing to promotion of hydrogen utilization
– Other initiatives necessary for early realization of a hydrogen society
[Background to Conclusion of the Agreement]
The realization of a “hydrogen society” will play an important role in the goal of achieving carbon neutrality by 2050. In order to promote initiatives for construction of a large-scale hydrogen supply chain, it is necessary for the national government, local governments, the business community, and industry to work together. The Chubu region has a wide variety of industries and a large potential for CO2 reduction and hydrogen demand. It is considered to be the best model region for industrial structure and energy conversion, as well as supply chain reform. The like-minded Three Prefectures and One City, Three Economic Organizations, and Study Group, having concluded the Agreement, will specifically study and accelerate activities for the social implementation of a large-scale hydrogen society in the Chubu region.
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Conclusion ceremony on February 21, 2022 Hideaki Omura, Governor of Aichi Prefecture（left） ＜Online＞ |
Hydrogen Utilization Study Group in Chubu