JERA

JERA Co., Inc. was established in April 2015 as a comprehensive alliance between TEPCO Fuel & Power, a subsidiary of Tokyo Electric Power Company, and Chubu Electric Power Company, two of Japan's largest electric utilities. This strategic joint venture was created to consolidate and manage the upstream fuel and overseas power generation businesses of both parent companies, aiming to secure a stable and economical supply of energy on an international scale. The company's name, JERA, is a portmanteau of "Japan" and "Era," signifying the ambition to create a new era of energy for Japan and the world.

The business operates across the entire energy supply chain, from fuel upstream and procurement to power generation and sales. JERA's core activities involve the development of liquefied natural gas (LNG) projects and participation in gas field projects to ensure a stable fuel supply. It is one of the world's largest buyers of LNG. The company also owns and operates a significant portfolio of thermal power plants, both domestically in Japan and internationally, making it one of the largest power generators globally. Its business model focuses on optimizing the entire value chain, from procuring fuel at competitive prices to generating electricity efficiently and reliably. Revenue is generated through the sale of electricity and LNG.

JERA's primary service is the large-scale generation and provision of electricity to the grid, serving millions of households and businesses. A key strategic focus for the company is the transition to cleaner energy sources. JERA is actively pursuing the decarbonization of its thermal power plants by introducing ammonia and hydrogen co-firing technologies. This approach aims to reduce CO2 emissions from its existing infrastructure, with a goal of achieving zero CO2 emissions by 2050. The company has initiated projects and formed partnerships to build and operate large-scale ammonia and hydrogen production facilities and to develop a robust supply chain for these new fuels. This positions JERA not just as a power generator, but as a pivotal player in developing the infrastructure for a future hydrogen and ammonia-based economy.

Keywords: energy, power generation, LNG, thermal power, decarbonization, joint venture, electricity, ammonia, hydrogen, utility