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Japanese tech to slash green hydrogen costs by two thirds

Eneos and Chiyoda look to cut costs of fuel to $3 per kilogram

An artist's rendering of a green hydrogen plant planned by Eneos and Chiyoda. (Photo courtesy of Enos)

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.

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