Japan's $107 Billion Hydrogen Investment Plan for 15 Years.
Japan plans to invest $107.5 billion over the next 15 years to supply the country with hydrogen, as it accelerates efforts to use the gas to shift to a low carbon economy. The government aims to boost hydrogen supply to 12 million tonnes a year by 2040 and help Japanese companies to play a central role in providing the electrolysers needed to produce hydrogen from water. Of the $107.5 billion, the government plans to provide $53.6 billion and the remainder to come from the private sector.