Sumitomo Corp., Chiyoda Corp., Toyota Motor Corp., Japan Research Institute, and Sumitomo Mitsui Banking Corp. have been appointed by the New Energy and Industrial Technology Development Organization (NEDO) to conduct a feasibility study on the receiving and distribution business of hydrogen in Chubu Region.

Building on the previous study of potential hydrogen demand in Chubu region by the Hydrogen Utilization Study Group  conducted in February 2021, this study will focus on developing a large-scale hydrogen supply chain. The study will also address the economic viability of the large-scale receiving and distribution business and sort out financial, technical and regulatory challenges for commercialization assuming that hydrogen is imported in the Chubu region.