|The view of Suzukawa Energy Center Power Station|
By using biomass(1) wood pellets as fuel, this project promises to help curb CO2 emissions and provide stable, uninterrupted baseload power, something that has always been a challenge with renewable energy sources. It will also help Japan to achieve its desired energy mix, which includes an increased renewable energy percentage.
By combining renewable-energy and other relatively green power generation projects with digital technologies, MC is endeavoring not only to supply stable energy but also to provide optimal energy use to customers in Japan and around the world with added value. The company is developing a range of renewable energy and other power generation businesses both at home and abroad. In Japan, MC Power is engaged in solar photovoltaic, wind, biomass and other renewable projects, an already impressive energy portfolio that this new biomass business should only strengthen in the years to come. MC is doing more through its businesses to realize its three-value mission(2). It aims to have renewable energy businesses account for more than 20% of its power generation assets by the year 2030 (based on power generation capacity).
(1) When combusted, biomass releases CO2, which is in turn absorbed by plants. Because plants remove carbon from the atmosphere and then release it back into the atmosphere when they are burned, biomass is considered to be carbon neutral. Its use in power generation results in no net increase in the biosphere's carbon concentration.(2) Simultaneous generation of economic, societal and environmental value.
About Mitsubishi Corporation
Mitsubishi Corporation, headquartered in Tokyo, is a global integrated business enterprise that develops and operates business across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. Mitsubishi Corporation's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods.
For more information on Mitsubishi Corporation, please visit the company's website at https://www.mitsubishicorp.com/jp/en/.
Contact:Mitsubishi Corporation Telephone: +81 3 3210 2171 Facsimile: +81 3 5252 7705
Copyright 2019 JCN Newswire. All rights reserved. www.jcnnewswire.com
Authors: ACN Newswire - Press Releases
Read more //?#