Japan's TEPCO to enter hydrogen fuel business with JXTG
(Recasts with announcements)
TOKYO, March 22 (Reuters) - Japan's Tokyo Electric Power
Company Holdings (TEPCO) and JXTG Holdings
said on Friday they would build one of the world's biggest
hydrogen stations in Tokyo by mid-2020, marking the entry of
TEPCO to hydrogen fuel business.
TEPCO Fuel & Power, an affiliate of TEPCO, and JXTG Energy,
a unit of JXTG, will construct the hydrogen station, with a
capacity of 600 normal cubic meters per hour, at TEPCO's dormant
thermal power plant in Tokyo, before the Tokyo 2020 Olympic and
JERA Co, a fuel joint venture between TEPCO and Chubu
Electric Power, will take over the hydrogen business
next month as the two large Japanese utility parents are set to
integrate their domestic thermal power generation businesses
under JERA in April.
The Nikkei business daily reported in its online edition
earlier on Friday that JERA would enter the hydrogen fuel
business, with plans to build a production site by mid-2020.
The hydrogen station will supply fuel to fuel cell vehicles
and fuel cell buses.
(Reporting by Chang-Ran Kim, Yuka Obayashi; Editing by
First Published: 2019-03-22 02:36:02
Updated 2019-03-22 12:34:37
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