, Japan

Japan pours funds into hydrogen fuel research

Post-Fukushima Japan continues to favor hydrogen fuel as a key alternative to nuclear energy.

The Ministry of Economy, Trade and Industry this week said the government has set aside US$240 million for the current fiscal year to fund hydrogen and fuel cell research. This amount is three times larger than what the Ministry of Economy, Industry and Trade requested for the 2013 fiscal year. It is also over double that of the USA’s.

The amount reflects Japan’s preference for hydrogen fuel cells that became more marked after the March 2011 catastrophe. Power provided by fuel cells at the ENE-FARM replaced most of the electricity lost when Japan’s nuclear plants went offline after the earthquake and tsunami.

Japan currently has the highest funding for hydrogen energy research and development in the world. The new investment will fund the development of new hydrogen energy systems and fuel cell technology.

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!