Hello, this is Team Japan. I'm going to report you guys on representative industry, company performance cases in Japan, 2021, related to Cop 26. I'll introduce to 6 cases.
First case is Hitachi. Hitachi progress Social Innovation Business that creates new value for society by offering a combination of the OT (operational technology), IT and products. It helps governments, cities and companies to contribute to cutting their greenhouse gas emission, and solving challenges in the area of climate change. In addition, they are heading to utilize their developing AI simulator which can show on future policy roadmap for carbon neutrality.
Next is Mitsubishi with potential technology. Mitsubishi shares the steps of carbon neutrality with specializing technology and is developing hydrogen gas turbine technology based on its world-leading efficient large frame gas turbine technology.
Third is CO₂ Recycling Fund in Japan. This fund supports the activities of various companies and individuals working on implementation of carbon recycling, aiming to solve global warming and energy access. Members are composed of a wide range of industries such as chemistry, energy, construction, finance, and trading companies.
CO²-SUICOM is also a good example. It is the world's first commercialized carbon negative concrete technology. In Japan, it is already used for construction of highways and paved roads, etc, and promoted commercialization overseas now. The Chugoku Electric Power Company, Kajima Corporation, Denka Corporation and Landes Corporation has developed the technology together, and Mitsubishi Corporation is in charge of commercialization overseas.
Fifth is hydrogen utilization by Panasonic. Panasonic introduce supply of hydrogen to buildings and housing area through pipelines, transportation of hydrogen to high demand areas, utilization of the hydrogen generated from chemical factories, decentralized power source( electricity is generated from renewable energies and hydrogen is generated from the electricity for its utilization).
And finally, I want to show Toshiba's Circular Carbon Society. Toshiba suggests two technologies to pursue CO₂ reduction. First, Toshiba provides CCUS* which captures CO₂ and P2C that produces valuable resources from CO₂. Also, the corporation is developing CO₂ electrolyzer which has the world’s highest CO₂ to CO conversion rate based on the artificial photosynthesis technology, and studying SAF* business model as one of the uses of CO.