LCI New Member: Jera Energy Taiwan 台灣捷熱能源
The ECCT's Low Carbon Initiative proudly welcomes its first Japanese corporate member: Jera Energy Taiwan to be the 58th member of the LCI!
Established in April 2015, JERA is an equal joint venture of two major Japanese electric companies, TEPCO Fuel & Power Incorporated and Chubu Electric Power Company. JERA is an energy company with a global reach that has strength in the entire energy supply chain, from participation in Liquefied Natural Gas (LNG) and other fuel resource projects and fuel procurement, through fuel transportation to power generation. JERA participate s in the ownership of power generation assets with a total capacity of over 76 GW and the annual LNG transaction volume of 35 MTPA which provides approximately 1/3 of Japan’s electricity.
JERA’s mission is to provide cutting edge solutions to the world’s energy issues, by offering energy supply models established in Japan through its global operations to other countries. Toward 2025, with the target of renewable energy capacity 5GW, JERA’s energy solutions focus mainly on two businesses: LNG value chain business and the large scale renewable energy business centred on offshore wind power generation. These businesses are complementary; renewable energy with variable power generation output is complemented by flexible, clean LNG thermal power generation. With demand expected to grow globally, particularly in Asia, JERA aims to become a leader in these two businesses.
JERA in Taiwan
To further cooperate with Taiwanese company and Taiwanese government, JERA Energy Taiwan Co., Ltd. is established in January 2019. To support the Taiwanese government’s power generation policy, JERA continues developing renewable energy and clean energy business with a total net the capacity of 1.1 GW including Formosa 1 (first commercial-scale offshore wind farm in Taiwan, construction completed in 2019 )), Formosa 2 (under construction), and Formosa 3 (under development). JERA is eager to become a crucial role during Taiwan’s Energy Transition period and helps Taiwan become the Green Energy Development Centre of Asia Pacific region.
For more information, please visit https://www.jera.co.jp/english/.