RE: Japanese consortium's is where it's at27 Apr 2021 15:05
Yes indeed, it was my first thought after the relevant RNS at the time, the more i've looked into it all the more it looks to be the case. Japan want to be the world leader with it all, that requires a hell of a lot of resources to make it all happen -
"Development of Hydrogen in Japan
Japan is one of the further advanced countries in relation to developing hydrogen projects and has the advantage of having a designated government policy supporting the uptake of hydrogen, coupled with a public acceptance of hydrogen projects in the domestic-energy mix.
Japan is now in the third wave of hydrogen. The first wave was in the early 1990s, the second wave was in early 2000s, and the third wave started around 2015. In pursuit of finding a way to be independent from the fossil fuel produced in the Middle East and recognising both Japan’s limited domestic energy resources as well as a desire to decarbonise its energy mix, Japan made a deliberate choice to develop a hydrogen-based society in the 1990s."
https://cms.law/en/int/expert-guides/cms-expert-guide-to-hydrogen/japan
"With the Basic Hydrogen Strategy released on December 26, 2017, Japan reiterated its commitment to pioneer the world's first 'Hydrogen Society'. The Strategy primarily aims to achieve the cost parity of hydrogen with competing fuels, such as gasoline in transport and LNG in power generation. The retail price of hydrogen is currently around 100 yen per normal cubic meter and the target is to reduce it to 30 yen/Nm3 by 2030 and to 20 yen/Nm3 in the long-term. Toward this end, over the past six years, the Japanese government has dedicated approximately $1.5 billion to technology R and D and subsidies in support of: Achieving low cost, zero-emission hydrogen production from overseas fossil fuels + Carbon Capture and Storage (CCS), or from renewable energy electrolysis; Developing infrastructure for import and domestic distribution of hydrogen; Scaling up hydrogen use across various sectors, such as mobility, residential Combined Heat and Power (CHP), and power generation."
https://inis.iaea.org/search/search.aspx?orig_q=RN:50001739
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