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Suntory, YHC, and Tomoe Shokai's Green Hydrogen Supply Project Certified Under the Hydrogen Society Promotion Act's Price-Gap Support Scheme

NQ Score 56/100

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Frequently Asked Questions

Q: What is the main objective of the green hydrogen supply project involving Suntory, YHC, and Tomoe Shokai?
A: The main objective is to build a full value chain for green hydrogen, from production to sales, to help realize a hydrogen-based society.
Q: Under which act has this green hydrogen initiative been certified?
A: This green hydrogen initiative has been certified under the Act on Promotion of Supply and Use of Low-Carbon Hydrogen, etc. for a Smooth Transition to a Decarbonized Growth-Oriented Economic Structure, also known as the Hydrogen Society Promotion Act.
Q: What kind of support does the certified scheme provide to low-carbon hydrogen suppliers?
A: The support scheme provides subsidies for 15 years to cover the price gap between the cost of low-carbon hydrogen and existing fuel prices.
Q: Where will the low-carbon hydrogen be produced, and what will be its primary use?
A: The low-carbon hydrogen will be produced via water electrolysis on land adjacent to the Suntory Tennensui Minami-Alps Hakushu Plant and will primarily be used as a heat source for the sterilization process of natural water at the plant.
Q: What is the annual supply volume of low-carbon hydrogen planned during the subsidy period?
A: The annual supply volume of low-carbon hydrogen planned during the subsidy period is 1,607 tons per year.