TOKYO -- Japanese energy company Eneos and plant engineer Chiyoda will build a facility that manufactures hydrogen without carbon dioxide emissions at one-third the current cost, a breakthrough in the nation's push toward decarbonization.
The plant will use a proprietary electrolysis technology to significantly lower necessary investment, with the aim of bringing down the price of hydrogen to 330 yen, or roughly $3, per kilogram. Eneos and Chiyoda are looking at Australia and other locations as candidates to build the plant in 2030.
