Iwatani’s Approach to Hydrogen Business Development and Technology Development

Abstract

As decarbonization is accelerating worldwide, the use of hydrogen as clean energy sources is beginning to be considered in various sectors. The needs to construct CO₂-free hydrogen supply chains and develop new hydrogen-related technologies are increasing worldwide, and the governments in Europe and the United States are beginning to strongly support these efforts. In Japan as well, many companies have begun hydrogen-related initiatives utilizing government’s subsidies such as the Green Innovation Fund Projects. This paper describes the business strategy and hydrogen-related technology development strategy of Iwatani Corporation, which has long been engaged in the liquefied hydrogen and other hydrogen businesses, toward the realization of a hydrogen energy society.