Nippon Thompson Co., Ltd. Commences Introduction of Off-site Virtual PPA Service Utilizing Biomass Power Generation!!
Nippon Thompson Co., Ltd. announced today that it has begun initiatives to long-term procure and utilize environmental value from the Mino Kamo Biomass Power Plant through the "Off-site Virtual PPA Service" utilizing biomass power generation, provided by Chubu Electric Miraiz Co., Inc. This aims to reduce greenhouse gas emissions by approximately 2,055 t-CO2 annually and improve the renewable energy utilization rate by approximately 8.1 percentage points by FY2030.
📋 Article Processing Timeline
- 📰 Published: May 2, 2026 at 00:00
- 🔍 Collected: May 1, 2026 at 15:32
- 🤖 AI Analyzed: May 1, 2026 at 15:37 (5 min after Collected)
Nippon Thompson Co., Ltd. (President & CEO: Mikito Hosono) announced today that it has commenced initiatives to long-term procure and utilize environmental value derived from the "Mino Kamo Biomass Power Plant" through the "Off-site Virtual PPA Service*1" utilizing biomass power generation, provided by Chubu Electric Miraiz Co., Inc. (President & CEO: Osamu Nakagawa, hereinafter "Chubu Electric Miraiz").
*1 A service that provides only the environmental value derived from electricity generated by renewable energy sources installed outside the company's premises (value that can demonstrate zero CO2 emissions).
**Utilization of Local Production for Local Consumption Environmental Value**
Overview of this contract and Mino Kamo Biomass Power Plant
Our group has set a goal of reducing Scope 1 and 2 greenhouse gas emissions by 42% or more, and Scope 3 Category 1 by 25% or more, by FY2202, with FY2022 as the baseline (SBT certification obtained), and is promoting initiatives towards achieving carbon neutrality by FY2050. Furthermore, we are advancing renewable energy procurement targeting the replacement of approximately 50% of the total electricity consumed by the group with renewable energy (hereinafter "RE") by FY2030.
As part of these efforts, we will procure environmental value (non-fossil certificates*3) generated from biomass power generation using unused thinned wood*2 etc., operated by G.K. Mino Kamo Biomass Power Plant (Location: 37-27 Iseiriai, Shimohachiya, Hachiya-cho, Minokamo City, Gifu Prefecture, hereinafter "this Power Plant"), through Chubu Electric Miraiz. Our group has domestic production bases in Gifu Prefecture, and by utilizing environmental value generated within the same prefecture, it becomes possible to use environmental value based on local production for local consumption.
*2 Thin trees, branches, and leaves that cannot be used for lumber and remain unutilized.
*3 A certificate that quantifies the environmental value of electricity generated from CO2-emission-free renewable energy sources.
**Biomass Power Generation Overview Diagram Source: Mino Kamo Biomass Power Plant HP**
The operating company of this power plant was established in Minokamo City, Gifu Prefecture, in November 2019 through a joint investment by Chubu Electric Power Co., Inc., Sagoh Mokuzai Co., Ltd., and Mitsubishi HC Capital Inc. Operations commenced in October 2023, and it is expected to generate approximately 50,000 MWh annually (equivalent to about 16,000 general households, or about two-thirds of general households in Minokamo City) as an additional renewable energy source fueled by unused thinned wood etc. from Gifu Prefecture.
Through this contract, our group will stably acquire environmental value equivalent to approximately 5,000 MWh from this power plant for approximately 17 years (remaining FIP period). This will enable our group to reduce greenhouse gas emissions by approximately 2,055 t-CO2 annually. Furthermore, compared to the FY2022 actual results (31,942 t-CO2, 61,731 MWh), which is the baseline year for our group's greenhouse gas emission reduction target, we expect a reduction in greenhouse gas emissions of approximately 6.4% and an improvement in the renewable energy utilization rate of approximately 8.1 percentage points.
**Realizing a Sustainable Society Together with the Community**
Under our corporate philosophy of being a "technology development company contributing to society," our group promotes procurement centered on additional renewable energy. In procuring renewable energy, we pursue procurement methods that consider reducing environmental impact and minimize environmental destruction as much as possible.
Through this initiative, by using locally generated unused thinned wood as fuel, we can effectively utilize wood that would otherwise be discarded, and realize procurement that utilizes environmental value created within the same prefecture. The utilization of unused thinned wood also leads to the promotion of forest maintenance and forest conservation, and is expected to contribute to nature positive outcomes such as the maintenance and restoration of ecosystems. In addition, as it is also expected to revitalize local forestry, our group aims not only to achieve carbon neutrality but also to realize a sustainable society together with the local community.
*1 A service that provides only the environmental value derived from electricity generated by renewable energy sources installed outside the company's premises (value that can demonstrate zero CO2 emissions).
**Utilization of Local Production for Local Consumption Environmental Value**
Overview of this contract and Mino Kamo Biomass Power Plant
Our group has set a goal of reducing Scope 1 and 2 greenhouse gas emissions by 42% or more, and Scope 3 Category 1 by 25% or more, by FY2202, with FY2022 as the baseline (SBT certification obtained), and is promoting initiatives towards achieving carbon neutrality by FY2050. Furthermore, we are advancing renewable energy procurement targeting the replacement of approximately 50% of the total electricity consumed by the group with renewable energy (hereinafter "RE") by FY2030.
As part of these efforts, we will procure environmental value (non-fossil certificates*3) generated from biomass power generation using unused thinned wood*2 etc., operated by G.K. Mino Kamo Biomass Power Plant (Location: 37-27 Iseiriai, Shimohachiya, Hachiya-cho, Minokamo City, Gifu Prefecture, hereinafter "this Power Plant"), through Chubu Electric Miraiz. Our group has domestic production bases in Gifu Prefecture, and by utilizing environmental value generated within the same prefecture, it becomes possible to use environmental value based on local production for local consumption.
*2 Thin trees, branches, and leaves that cannot be used for lumber and remain unutilized.
*3 A certificate that quantifies the environmental value of electricity generated from CO2-emission-free renewable energy sources.
**Biomass Power Generation Overview Diagram Source: Mino Kamo Biomass Power Plant HP**
The operating company of this power plant was established in Minokamo City, Gifu Prefecture, in November 2019 through a joint investment by Chubu Electric Power Co., Inc., Sagoh Mokuzai Co., Ltd., and Mitsubishi HC Capital Inc. Operations commenced in October 2023, and it is expected to generate approximately 50,000 MWh annually (equivalent to about 16,000 general households, or about two-thirds of general households in Minokamo City) as an additional renewable energy source fueled by unused thinned wood etc. from Gifu Prefecture.
Through this contract, our group will stably acquire environmental value equivalent to approximately 5,000 MWh from this power plant for approximately 17 years (remaining FIP period). This will enable our group to reduce greenhouse gas emissions by approximately 2,055 t-CO2 annually. Furthermore, compared to the FY2022 actual results (31,942 t-CO2, 61,731 MWh), which is the baseline year for our group's greenhouse gas emission reduction target, we expect a reduction in greenhouse gas emissions of approximately 6.4% and an improvement in the renewable energy utilization rate of approximately 8.1 percentage points.
**Realizing a Sustainable Society Together with the Community**
Under our corporate philosophy of being a "technology development company contributing to society," our group promotes procurement centered on additional renewable energy. In procuring renewable energy, we pursue procurement methods that consider reducing environmental impact and minimize environmental destruction as much as possible.
Through this initiative, by using locally generated unused thinned wood as fuel, we can effectively utilize wood that would otherwise be discarded, and realize procurement that utilizes environmental value created within the same prefecture. The utilization of unused thinned wood also leads to the promotion of forest maintenance and forest conservation, and is expected to contribute to nature positive outcomes such as the maintenance and restoration of ecosystems. In addition, as it is also expected to revitalize local forestry, our group aims not only to achieve carbon neutrality but also to realize a sustainable society together with the local community.