INPEX, Osaka Gas, and MHI Collaborate on Clean Gas Certificate System

Strategic Insights -

As part of their shared goal to contribute to a carbon-neutral society, INPEX Corporation, Osaka Gas Co., Ltd., and Mitsubishi Heavy Industries, Ltd. have announced an agreement to implement a new system for the transfer and management of Clean Gas Certificates. The COééNNEX digital platform will be utilized to manage the transfer and use of Clean Gas Certificates created through the Nagaoka Methanation Demonstration. This project, jointly conducted by INPEX and Osaka Gas, aims to develop practical technology for reducing and effectively utilizing CO2 emissions by using one of the world's largest methanation systems.

Key Takeaways:

  • The COééNNEX digital platform will manage the transfer and use of Clean Gas Certificates created through the Nagaoka Methanation Demonstration.
  • The Nagaoka Methanation Demonstration aims to build a model for local production and local consumption of e-methane, which will be injected into INPEX's natural gas pipeline and delivered to customers.
  • The demonstration project is subsidized by Japan's New Energy and Industrial Technology Development Organization (NEDO) and is expected to contribute to the practical application of the COéé methanation system.
  • The companies plan to study and demonstrate a certificate system for Clean Gas Certificates for gaseous fuels such as synthetic methane (e-methane, biomethane) along with Clean Fuel Certificates for liquid fuels.
  • The initiative aims to contribute to the practical application of e-methane and the realization of a carbon-neutral society.
  • INPEX, Osaka Gas, and MHI will pursue initiatives to make use of attribute data and knowledge on the appropriate management of environmental values obtained through this initiative.

Statistics:

  • The Nagaoka Methanation Demonstration is subsidized by Japan's New Energy and Industrial Technology Development Organization (NEDO).
  • The project aims to build a model for local production and local consumption of e-methane, which will be injected into INPEX's natural gas pipeline and delivered to customers.
  • The demonstration project is expected to contribute to the practical application of the COéé methanation system.
  • The companies plan to study and demonstrate a certificate system for Clean Gas Certificates for gaseous fuels such as synthetic methane (e-methane, biomethane).

Sources:

  • Mitsubishi Heavy Industries Ltd. (Original Press Release, September 11)
  • INPEX Vision 2035 (February 2023)
  • Osaka Gas Energy Transition 2050 (February 2023)
  • MHI Group's energy transition initiatives
  • CO2NNEX website
  • Footnotes [Note1], [Note2], [Note3], [Note4], and [Note5] from the original press release.