Chubu Electric Power Group Report 2021(Integrated Report)
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We contribute to increasing the energy self-sufciency rate and the realization of a carbon-free society through the accelerated development of renewable energy power sources and the effective utilization of existing power sources. The Renewable Energy Company has claried its functions and authorities to accelerate deci-sion-making and placed the new Project Promotion Department in charge of the development, operation, and administration of wind, solar, biomass, and geothermal power sources to continue accelerating the use of new power sources. In the development of new power sources, to achieve the target of “development of 2,000 MW or more around 2030,” we began to operate the Yokkaichi Biomass Power Station. In addition, we decided to go forward with four development projects in FY2020 including the Godo Biomass and Yatsushiro biomass facilities. We work to achieve goals by seeking out sites both within and outside of the area by leveraging the advanced technological skills held by the Group, and commercializing competitive development projects with all of our domestic and foreign partners. We are contributing to the realization of a carbon-free society through our continual increase of our power generation output to ensure the maximum utilization of existing power facilities’ capacities. EffortsTargetsEnsuring the development of new power sources (Operations commenced)Expansion of renewable energy (Development)Risks• Competition with other power producers• Intensication of natural disastersOpportunities• Rising social interest toward the realization of carbon-free society• The national government’s Green Growth Strategy Through Achieving Carbon Neutrality in 2050 • Expansion of business opportunities by establishing new exchange marketsAccelerated development of renewable energy power sources• Medium term: New establishment of hydroelectric power, biomass, land-based windpower, and solar power stations• Long term: Development of offshore wind power and geothermal technologiesContinued effective utilization and proper facility management of existing power sources• Increase the power generation output• Facility-related safety measures for power sources stations involving public disaster risk• FY2021: Ichishiro Hydroelectric Power Station (Shizuoka), Kurokawadaira Hydroelectric Power Station (Nagano), Yonago Biomass Power Station (Tottori) • FY2022: Seinaiji Hydroelectric Power Station (Nagano), Godo Biomass (Gifu), Akita Port Offshore Wind Power Station and Noshiro Port Offshore Wind Power Station (Akita), Atsumi Wind Power Station (Aichi)• FY2023: Aichi Gamagori Biomass Power Station (Aichi), Omaezaki Port Biomass Power Station (Shizuoka), Kamisu Biomass Power Station (Ibaraki), Minokamo Biomass (Gifu)• FY2024: Abekawa Hydroelectric Power Station (Shizuoka), Yatsushiro biomass (Kumamoto)• FY2025: Uchigatani Hydroelectric Power Station (Gifu)• 2,000 MW or more of development by around 2030Renewable Energy Company’s Mission and VisionRenewable Energy CompanyDevelopment and popularization of renewable energy and power generation business based on renewable energy sourcesSuzuki HideyaPresidentRenewable Energy Company• Steady development and promotion of renewable energy projects• Take all measures such as making strategic investments• Maximize the use of existing facilities• Work in unison as a Group in developing 2,000 MW or more by around 2030• Contribute to improving the non-fossil fuel ratio and make renewable energy sources the mainstay of energy sources• Realize stable and inexpensive power generationA leading company in the renewable energy businessVisionMissionInitiativesWork in unison as a group in developing 2,000 MW or more by around 2030Contribute to improving the non-fossil fuel ratio and making renewable energy sources the mainstay of energy sourcesRealize stable and inexpensive power generationSteady development and promotion of renewable energy projectsAll measures such as strategic investmentMaximize the use of existing facilitiesBusiness growthRealization of a carbon-free societyTop CommitmentValue CreationClimate ChangeStrategyBusiness ActivitiesGovernanceHuman ResourcesFinancial / Corporate Data45Chubu Electric Power Group Report 2021

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