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Idemitsu Kosan, ENEOS, Toyota, and MHI study introduction of carbon-neutral fuels for autos

Idemitsu Kosan, ENEOS, Toyota, and MHI study introduction of carbon-neutral fuels for autos
Idemitsu Kosan, ENEOS, Toyota, and MHI will collaborate to undertake a study toward the introduction and spread of carbon-neutral fuels in Japan (graphic courtesy MHI).

In Japan, a consortium with Idemitsu Kosan Co. Ltd (Idemitsu Kosan), ENEOS Corporation (ENEOS), Toyota Motor Corporation (Toyota), and Mitsubishi Heavy Industries, Ltd (MHI) have announced the start of a study toward the introduction and spread of carbon-neutral fuels that contribute to the decarbonization of automobiles with the aim of realizing a carbon-neutral society.

Collaboration and partnership across industries are essential for the spread of carbon-neutral fuels toward the realization of a carbon-neutral society.

As the first step in this direction, Idemitsu Kosan, ENEOS, Toyota, and MHI will collaborate to undertake a study toward the introduction and spread of such fuels.

Seeking to introduce these fuels in Japan around 2030, the four companies fulfilling major roles respectively in supply, technology, and demand will jointly embark on this study.

According to the companies, carbon-neutral fuels are fuels that limit carbon dioxide (CO2) emissions across the entire product life cycle. It is a collective term that includes synthetic fuels (e-fuel) made using hydrogen and CO2, and biofuels made from raw materials such as plants that absorb CO2 via photosynthesis.

Liquid fuels, in particular, are advantageous in terms of energy storage and transportation and are suitable as energy sources that can be transported.

The scope of the joint study by the four companies includes:

  • Discuss and study scenarios and roadmaps for the introduction of carbon-neutral fuels in Japan’s automobile market and the various systems necessary for market introduction;
  • Investigate the feasibility of production from perspectives such as energy security in Japan.

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