Eleven companies have inked a deal to form a new venture next year to develop Japanese hydrogen recharging stations (HRS) for fuel cell vehicles.

The companies are: Toyota, Nissan, Honda, JXTG Nippon Oil and Energy, Idemitsu Kosan, Iwatani, Tokyo Gas, Toho Gas, Air Liquide Japan, Toyota Tsusho and Development Bank of Japan.

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The new operation will accelerate Japan’s hydrogen initiative – which is driven mainly by these 11 companies – towards the achievement of Tokyo’s common target shared by the government and industries regarding the development of hydrogen recharging stations.

According to the Strategic Road Map for Hydrogen and Fuel Cells released by the Council for a Strategy for Hydrogen and Fuel Cells, an industry body organised by the Ministry of Economy, Trade and Industry (METI) of Japan, in the initial phase of promoting fuel cell vehicles powered by hydrogen, the target penetration is 160 stations and 40,000 fuel cell vehicles by FY 2020.

The objective of the new company is to enhance the collaboration among infrastructure developers, automakers, and financial institutions in order to simultaneously accelerate and scale up Japan’s deployment of HRS and FCV.

The new company will take on the following specific initiatives:

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     Deployment of hydrogen recharging stations:

  • The company will aim to complete its mission in ten years. During the first four years in Phase-1, the new company intends to target the construction of 80 new stations. To achieve this target, new member companies, extending beyond the current member companies, will be invited to participate.
  • The new company will, while taking into account subsidies from the national government and initiatives of local governments, develop its own original “Hydrogen Recharging Station Deployment Plan,” in order to create an environment in which many users can enjoy driving fuel cell vehicles in Japan.
  •  Contribution to efficient hydrogen station operation
    • By collecting and utilising information regarding the construction and operation of hydrogen recharging stations through infrastructure developers, which will oversee operations of hydrogen recharging stations, the new company, which will deploy and own stations nationwide, will contribute to efficient operations and other road map objectives in the following ways:

Improvement of convenience for FCV users

  • In order to encourage customers to use hydrogen, the new company will improve the convenience of stations, coordinating with the Association of Hydrogen Supply and Utilisation Technology (HySUT), which has already begun actively expanding the market, for example by extending the number of service days per week to meet increased demand.
  • Cost reduction and regulation review:
  • The new company will collaborate with external organisations, such as the Fuel Cell Commercialisation Conference of Japan (FCCJ) and HySUT, to reduce cost by addressing issues such as the standardisation of equipment and revision of regulations.
  • To carry out these actions, member companies will play the following key roles:
  • Infrastructure developers will invest in and construct hydrogen recharging stations, and operate them, on behalf of the new company;
  • Automakers will contribute financially to the operations of the new company in order to efficiently deploy hydrogen recharging stations, improve convenience for users, and boost public awareness, while also striving for higher penetration of fuel cell vehicles during Phase-1.
  • Financial institutions will partially cover HRS deployment costs through investments. By providing the funds necessary until the HRS business becomes commercially sustainable, financial institutions will help reduce the financial burden borne by infrastructure developers during Phase-1 and will help attract new participants.
  • The new company will aim to seek wider participation by HRS-operating companies and investors, to achieve a sustainable HRS business and FCV penetration as swiftly as possible, thus contributing to the creation of a full-fledged hydrogen society in Japan.

     Signing companies and their roles:

  • Infrastructure developers: JXTG Nippon Oil and Energy Corporation, Idemitsu Kosan, Iwatani Corporation, Tokyo Gas., Toho Gas, Air Liquide Japan.
  • Automakers: Toyota Motor Corporation, Nissan Motor, Honda Motor.
  • Financial institutions: Toyota Tsusho Corporation, Development Bank of Japan.

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