Mitsubishi Gas Chemical : Started Commercial Operation of the Appi Geothermal Power Plant- Joint venture project by three companies following the Wasabizawa Geothermal Power Plant
March 01, 2024 at 06:12 am EST
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Started Commercial Operation of the Appi Geothermal Power Plant
- Joint venture project by three companies following the Wasabizawa Geothermal Power Plant -
March 1, 2024
Appi Geothermal Energy Corporation
Mitsubishi Materials Corporation
Mitsubishi Gas Chemical Company, Inc.
Electric Power Development Co., Ltd.
Appi Geothermal Energy Corporation (Chief Executive Officer: Yuko Kanno, "AGE"), which is a joint venture company formed by Mitsubishi Materials Corporation (Chief Executive Officer: Naoki Ono, "MMC"), Mitsubishi Gas Chemical Company, Inc. (President and Representative Director: Masashi Fujii, "MGC"), and Electric Power Development Co., Ltd. (Representative Director President: Hitoshi Kanno, "J-POWER"), started commercial operation of the Appi Geothermal Power Plant (the "Plant") today.
The construction of the Plant had been underway since August 2019 in order to contribute to the reduction of CO2 emissions and the stable supply of electricity in Japan. The Plant is located at an altitude of approximately 1,130 meters and operates at an output capacity of 14,900 kW utilizing promising geothermal resources in the Hachimantai region of Iwate Prefecture. This is the first time in 28 years that a geothermal power plant with an output of over 10,000 kW has operated in Iwate Prefecture. All the electricity generated will be supplied to society under the Feed-In Tariff (FIT) system for renewable energy.
The Plant is the second geothermal power plant jointly operated by MMC, MGC, and J-POWER, following the Wasabizawa Geothermal Power Plant (Yuzawa-city, Akita Prefecture).
This project is supported by Japan Organization for Metals and Energy Security, applying a debt guarantee project for geothermal resource development funding.
AGE, MMC, MGC, and J-POWER will contribute to the expansion of the use of renewable energy through the stable operation of the Plant.
<_o3a_p>< Overview of the Appi Geothermal Power Plant >
Name<_o3a_p>
Appi Geothermal Power Plant<_o3a_p>
Location<_o3a_p>
Hachimantai National Forest, Hachimantai-city, Iwate<_o3a_p>
Type of motive force<_o3a_p>
Steam power (geothermal)<_o3a_p>
Output capacity<_o3a_p>
14,900kW<_o3a_p>
Construction started<_o3a_p>
August 2019<_o3a_p>
Power generation system<_o3a_p>
Single flash system<_o3a_p>
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01 March 2024 and is solely responsible for the information contained therein. Distributed by
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01 March 2024 11:12:54 UTC.
MITSUBISHI GAS CHEMICAL COMPANY, INC. is a Japan-based chemical company. The Company operates in five business segments. The Natural Gas-related Chemicals segment manufactures and sells methanol, ammonia, amine products, methacrylic acid products, multiple alcohol, enzyme and crude. The Aromatic-related Chemicals segment manufactures and sells xylene isomer and xylene derivatives. The Functional Chemicals segment manufactures and sells industrial inorganic chemicals, electronic chemicals and engineering plastics. The Specialty Functional Materials segment manufactures and sells materials for printed circuit boards (PCBs), printed boards and deacidification agents. The Others segment is engaged in the real estate business.
Mitsubishi Gas Chemical : Started Commercial Operation of the Appi Geothermal Power Plant- Joint venture project by three companies following the Wasabizawa Geothermal Power Plant