Recent Regulatory Developments for Utilization of Hydrogen Energy in Japan

In his 26 October 2020 policy speech, Prime Minister Yoshihide Suga announced that Japanese society would have to aim for “carbon neutrality” and “substantially zero CO2 emissions” by 2050, and thereafter domestic discussions regarding promoting the use of hydrogen energy gained intensity. For example, in the “Green Growth Strategy Aiming for Carbon Neutral by 2050” as formulated by the Ministry of Economy, Trade and Industry (“METI”) on 25 December 2020, it is noted that “Hydrogen is a key carbon neutral technology expected to be utilized in a wide range of fields such as power generation, transportation and industry.” In addition to the targets of “aiming for a maximum of 3 million tons of hydrogen to be introduced by 2030” and…To read the full article, please see the PDF file

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Authors

Sadayuki MATSUDAIRA

Partner
Tokyo

Sadayuki has a wealth of experience in supporting international clients in projects, transactions, and businesses in the energy sector. Sadayuki advises his clients on the best solutions for achieving their business goals based on his deep understanding of the relevant laws and regulations and practices in the full energy supply chain. He also has expertise in carbon-neutral projects and businesses, such as renewable power projects and hydrogen projects, as well as pioneering businesses involved in recent developments in the electricity market and the regulations thereon. Sadayuki serves as a member of an industrial safety rules committee and a hydrogen safety strategy committee, both of which were established by the Ministry of Economy, Trade and Industry of Japan, and also is a member of an electricity capacity market committee, which is part of the Organization for Cross-regional Coordination of Transmission Operators, Japan (OCCTO).

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