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Marubeni kicks off wood biomass power plant in Japan

Marubeni kicks off wood biomass power plant in Japan

Pamela Largue
Posted on: 14 April 2023

Marubeni Corporation and Taisei Corporation have started developing a wood-based biomass power plant at the Ishikari Bay New Port Area.

Marubeni Corporation and Taisei Corporation have started developing a wood-based biomass power plant at the Ishikari Bay New Port Area in Ishikari City, Hokkaido, Japan.

The partners formed a special purpose company, Ishikari area Biomass Power corporation (IBP), in order to develop the project.

The biomass power plant will have a power generation output of 9,950 kW and will consume locally produced fuel consisting mainly of unused thinned wood from the central area of Hokkaido.

IBP will work with Ishikari City and fuel suppliers with the aim of commencing plant operations in January 2026.

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Once operational, the plant will produce approximately 8,000 million kWh, enough to power about 25,000 households.

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To finance the project, IBP signed a Loan Agreement with Shinkin Central Bank and five other local Shinkin Banks located in Hokkaido.

This biomass plant is Marubeni’s second plant to involve local consumption of locally produced fuel after the Godo Biomass Power Plant, which commenced operations on 2 April 2023.

As of 2021, oil products, coal and natural gas dominated the Japanese energy system. Renewables
made up a modest share of 6% of the total energy supply, with around one-third of renewable energy being from biomass.

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