Liquid hydrogen cargo handling base (Chuo-ku, Kobe)
The Ministry of Economy, Trade and Industry stipulates in its clean energy strategy a policy to consider a support system for the spread of hydrogen and ammonia, which do not generate carbon dioxide (CO2) even when burned. The goal is to reduce hydrogen prices to one-third in 2030. There is a plan for the government to compensate for the difference between the supply price from overseas and the selling price to domestic users such as electric power companies. Invite corporate investment and rush to build a supply network.
The council will be held on the 13th to present an interim summary of the studies on clean energy strategies so far.
A huge investment will be required to reduce greenhouse gas emissions to virtually zero in 1950. The public and private sectors will need to invest about 150 trillion yen in 10 years, of which the investment amount for one year as of 30 years will be about 17 trillion yen. It also specifies a policy to support a part of investment as a government.
Regarding hydrogen and ammonia, he emphasized the need for support, saying that "new introduction expansion cannot be expected without institutional measures."
Currently, the cost of supplying hydrogen is about 100 yen per cubic meter, which is up to 12 times that of existing fuel. Ammonia is also about 20 yen, which is up to 3 times higher. In 30 years, we will set a target to reduce hydrogen to the upper 10 yen level and ammonia to the latter half of the 10 yen range. Even so, it is still expensive and aims for a further decline after 30 years.
Germany has set up a system in which a company that mediates hydrogen transactions buys high prices from supply companies at a fixed price for 10 years and resells them cheaply on the demand side with a one-year contract. The price difference will be compensated by the government. The Ministry of Economy, Trade and Industry will also proceed with such studies and create a business environment in which companies can easily recover their investment.
The storage battery required for electric vehicles will include a goal of increasing the production capacity of domestic companies to 600 gigawatt hours, which is 10 times the current capacity, in 30 years. Nuclear power will support Japanese companies to supply parts and technologies to construction projects of new nuclear power plants such as small modular reactors overseas.
CO2 separation / recovery technology will reduce the current cost of 6000 yen per ton to 2000 yen in 30 years. Make it possible to recover CO2 from exhaust gas emitted from natural gas-fired power plants. A nationwide maintenance plan "Master Plan" will be formulated by the end of FY2010 to expand the transmission lines that are indispensable for expanding the introduction of renewable energy.
Regarding the carbon tax, which is levied according to CO2 emissions, the expression is limited to "promote technical and technical discussions."
