Company Information
Name: JERA
Market: Japan
Installed capacity (as of 2023): 59 GW (Thermal), 13 GW (Non-thermal)¹
Climate-related targets committed:
Long-term: Net zero CO2 emissions from both domestic and overseas businesses by 2050
Medium-term:
- 20% reduction in carbon emission intensity of thermal power plants by 2030 (based on long-term energy supply-deand outlook set by government)
- More than 60% reduction in domestic business CO2 emissions by 2035 (compared to 2013 level)
Engagement Updates
In 2019, Chubu moved all thermal power electricity generation business, including coal assets, to JERA, a joint venture with Tokyo Electric Power Company (TEPCO). The engagement group for Chubu Electric has been engaging both Chubu Electric and JERA since the inception of AUEP.
In 2025, the Chubu Electric engagement group decided to engage JERA separately for more detailed engagement on the AUEP key investor expectations.
JERA’s growth strategy to realize the 2035 vision include focus investment in LNG, renewable energy, and hydrogen & ammonia.