Content text 01_Mori_JOGMEC_Introduction of JOGMEC and Initiatives toward Carbon Neutral.pdf
October 30, 2024 Introduction of JOGMEC and Initiatives toward Carbon Neutral ~CCS Workshop with PetroVietnam~ Energy Business Unit
Our Function Table of Contents 2 1 2 3 4 Introduction of JOGMEC Cooperation between PetroVietnam and JOGMEC Japanese Government and JOGMEC’s initiatives toward Carbon Neutral Objectives of Workshop
Japan Organization For Metals and Energy Security (JOGMEC) is a policy executing agency of the Japanese government to stable and affordable supply of natural resources. LNG and E&P Mine Pollution Control Coal Geothermal Stockpiling Metals Wind Power CCS Hydrogen, Ammonia Content 1) JOGMEC - Who We Are Financial Support - Equity Finance - Liability Guarantee - Grant - Subsidy, etc. Intelligence Support - Resource Diplomacy - International Cooperation - Information Analysis, etc. Technology Support - Geological Survey - Technology Development - Marine Resources Development - Environmental Safety, etc. Our Business Our Services 3 Since 2022
Our Function Content 1) Current Global Context and Energy Trilemma 4 Energy Security Environmental Sustainability Economic Competitiveness Energy is crucial to societal development Requires a stable and affordable supply Requires sustainable actions that respect the global environment However, ... Meeting all the requirements is challenging International politics and economics are full of uncertainties Considerations of the global environment often result in cost burdens for affordable supply Securing diverse energy sources increases costs. Using fossil fuels ensures stable supply but has a significant environmental impact Introducing renewable energy has high initial costs but is environmentally friendly in the long term. “Energy Trilemma”