Strategy of Renewable Energy Business
JAPEX has been exploring the possibility of launching businesses related to renewable energies, including solar energy, wind power, biomass, and geothermal energy.
We leverage, in renewable energy projects, our oil and gas E&P technologies such as surveying subsurface structure and drilling, expertise in constructing and operating natural gas power plants, and our experience in building good relations with local communities.
Solar Power Generation
JAPEX currently is involved in the operation of two mega-solar power plants with a generating capacity of 1,000 kilowatts or more in Tomakomai City, Hokkaido. We have been exploring opportunities to participate in especially new mega solar power projects.
Solar power generation projects currently in operation
- Mega solar project within our Hokkaido Office site: Tomakomai City, Hokkaido
- Mega solar project by Solar Power Tomakomai: Tomakomai City, Hokkaido
Mega Solar Power Plant on our Hokkaido District Office
Wind Power Generation
JAPEX has been looking into potential opportunities to participate in wind power generation projects, primarily offshore wind power projects which can take advantage of the geographical features of Japan surrounded by the sea on all sides. We currently have participated in a number of consortiums studying large-scale offshore wind power generation projects.
Wind power generation projects currently under review (including those under study at the consortiums)
- (Tentative name) Noshiro-Mitane-Oga Offshore Wind Power Generation Project: Offshore Noshiro City, Mitane Town and Oga City, Akita Prefecture
- (Tentative name) Akita Central Sea Offshore Wind Power Generation Project: Offshore Akita City and Katagami City, Akita Prefecture
- (Tentative name) Yuza Town Offshore Wind Power Generation Project: Offshore Yuza Town and Sakata City, Yamagata Prefecture
Biomass Power Generation
JAPEX has been studying the possibility of participating in projects related to biomass power plants, including large biomass power plants that use general wood as fuel; and small biomass plants that use unused domestic wood as fuel, which is an energy source produced and consumed locally.
Biomass power generation, using biological resources that grow by absorbing carbon dioxide (CO2) in the process of photosynthesis, has attracted growing attention as one of the carbon-free energy sources in Japan. Biomass energy, using unused wastes as fuel, also contributes to driving recycling-oriented society.
Biomass power generation projects currently under review
- (Tentative name) Chofu Biomass Power Generation Project: Shimonoseki City, Yamaguchi Prefecture
Geothermal Power Generation
JAPEX has been studying geothermal power generation since 1970s. In recent years, we have conducted feasibility studies primarily in Hokkaido and the Tohoku region. Geothermal power related businesses, which use hot steam and water rising from underground, have much in common with the oil/gas E&P business in that both explore resources underground.
Geothermal power generation is expected to help ensure stable supply of energy in all weather. Also, hot water returned from power generation can be used for hot water supply, heating, and greenhouse culture, ultimately contributing to revitalization of regional communities.
Reference Image of Geothermal Energy Development