Participation in JICA Project "Road Map for Zero Fossil Fuel in Galapagos Islands Project"

Chubu Electric Power Co., Inc. ("Chubu") , Nippon Koei Co., Ltd. and SeED Okinawa LLC have entered into a consulting service agreement with Japan International Cooperation Agency ("JICA") regarding " Road Map for Zero Fossil Fuel in Galapagos Islands Project "("Project").

In Galapagos Islands, thermal power generation from fossil fuel, mainly diesel power generation, accounts for the majority of the power source, and the electricity demand is expected to increase significantly in the future due to the population increase with the further development of tourism industry.
Under these circumstances, in order to support sustainable development in Galapagos islands, the government of the Republic of Ecuador is accelerating efforts to reduce the use of fossil fuels, such as formulating an energy transition plan for Galapagos Islands.

The Project will investigate the potential of renewable energy such as geothermal power generation in the Galapagos Islands, optimize the planning, operation, and maintenance of the power generation system that combines existing diesel power generation with renewable energy, storage batteries, etc., and aim to achieve energy savings. The Project will be conducted from February 2024 to February 2027 for the purpose of creating a draft scenario for Zero fossil fuel.

Through the Project, we will utilize our experience and know-how cultivated over the years in the domestic electric power business and overseas consulting business to contribute to the development of the electric power business in Republic of Ecuador.

We will contribute to the realization of a decarbonized society and Chubu Electric Power Group Management Vision 2.0 by active expanding of our global business, including overseas consulting business.

[Summary of the project]

[Reference] Location of the Republic of Ecuador and the Galapagos Islands