Abstract
The New Energy and Industrial Technology Development Organization (NEDO) is a semi-governmental organization under the Ministry of Economy, Trade and Industry (METI). NEDO's mission is to carry out development of new energy and energy conservation technology, industrial technology and other technologies. It is important that technology development evaluations are carefully conducted, based on the original purpose for development, in order to effectively and efficiently carry out technology development. To date, the technology development conducted by NEDO has been evaluated by METI. However, after a transition period, this procedure will change to allow NEDO to carry out evaluations concerning its technology development projects. Future issues will be addressed, and an outline and system for conducting evaluations by NEDO will be established.