On January 14, 2020, JERA (Japan’s Energy for a new eRA)[1] announced that it had joined the Ocean Renewable Energy Action Coalition, to advance the development of ocean-based renewable energy and mitigate the impact of climate change. JERA is a joint venture between Tokyo Electric Power Fuel & Power (headquartered in Tokyo)[2] and Chubu Electric Power (headquartered in Nagoya City, Aichi Prefecture).[3] It is the first Japanese company to join the Action Coalition.

The Ocean Renewable Energy Action Coalition was established by a group of offshore wind power companies, including Ørsted and Equinor, to promote the sustainable deployment of ocean-based renewable energies such as offshore wind, floating solar, tidal and wave power. Ørsted is a utility company based in Fredericia, Denmark.[4] Equinor is an energy company headquartered in Stavanger, Norway[5].

The Action Coalition will develop a 2050 vision, which will include action plans for stakeholders from industry, the financial sector, and the government to sustainably scale up the deployment of offshore wind, and to contribute to the United Nations’ (UN) Sustainable Development Goals (SDGs) and Decarbonization goals. The Action Coalition plans to announce a status update for the initiative at the UN Ocean Conference in Lisbon in June 2020.[6]

JERA has stated that it hopes to be a global leader in renewable energy, through commitments such as promoting large-scale offshore wind energy projects in Japan and abroad, and by contributing to the sustainable development of offshore wind energy through participation in the Coalition.

[1] https://www.jera.co.jp/english/corporate/

[2] https://www7.tepco.co.jp/fp/about/index-e.html

[3] https://www.chuden.co.jp/english/corporate/ecor_company/ecom_outline/index.html

[4] https://orsted.com/en/About-us

[5] https://www.equinor.com/en/about-us.html

[6] https://www.jera.co.jp/information/20200114_450