Japan has announced a plan to invest JPY15trn (USD107.5bn) over the next 15 years to establish a hydrogen supply chain and transition to a low-carbon economy. The government aims to utilize hydrogen in sectors that are challenging to decarbonize, including steel and chemical manufacturing, as well as in the energy sector. This investment is part of a global trend where countries are exploring hydrogen as a solution to reduce emissions and promote clean energy.

Source: Reuters