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November 23, 2021

Chofu Biomass Power Plant, Japan

By Carmen

Chofu Biomass Power Plant is a 74.95MW biopower project. It is planned in Yamaguchi, Japan. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in January 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Biopower 74.95 74.95 Permitting Yamaguchi, Japan Japan Petroleum Exploration; Tokyo Energy & Systems

Description

The project is being developed and currently owned by Japan Petroleum Exploration and Tokyo Energy & Systems. The company’s ownership stake in the project stands as 39.9% and 20% respectively.

The project cost is expected to be around $312.98m.

Wood pellets which is a kind of wood by-product will be used as a feedstock to power the project.

Development Status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by January 2025.

Power Purchase Agreement

The power generated from the project will be sold to The Chugoku Electric Power under a power purchase agreement. The power will be sold at the rate of $0.191kWh for a period of 20 years.

About Japan Petroleum Exploration

Japan Petroleum Exploration Co Ltd (JAPEX) is an integrated energy company that carries out exploration, development, production and sale of crude oil and natural gas. It also purchases, sells, transports, and supply crude oil and natural gas through pipelines, tank trucks and tankers. The company also manufactures, sells and transports petroleum products, and bitumen. It also focuses on the development of renewable energy including geothermal power generation and offers contract drilling services. The company has main offices in Japan, the US, the UK, Indonesia and the UAE, and operations in the US, Indonesia, Canada, Iraq and Russia. JAPEX is headquartered in Tokyo, Japan.

About Tokyo Energy & Systems

Tokyo Energy & Systems Inc (Tokyo Energy & Systems) is a construction company. It offers planning, designing, construction and supervision of electric and mechanical facilities for thermal power plants, nuclear power plants, hydro power plants, chemical plants, industrial plants and environmental facilities. The company also designs and constructs civil and architectural facilities. It offers planning, studying, designing and construction of telecommunication systems and electronic facilities. Tokyo Energy & Systems provides services such as maintenance, inspection, repair, modification, demolishing and transportation for various plants and facilities; and electricity distribution business, among others. The company primarily operates in Japan. Tokyo Energy & Systems is headquartered in Tokyo, Japan

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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