Energy Transformation Business Group
Business Lines
- Carbon-free energy related businesses such as hydrogen, ammonium, and next-generation bioenergy
- New power and energy services businesses such as the large-scale energy storage business and green power platform business
- Environmental value creation businesses such as forestry, as well as methanation*1, CCS*2, carbon credit and other businesses related to carbon dioxide (CO2) capture, storage and utilization.
- Global power infrastructure businesses such as I(W)PP*3 including renewable energy, as well as EPC*4 business, electricity retail in Japan and energy management
- Floating production storage and offloading system (FPSO) and maritime infrastructure business development for low carbon solutions
- Bunker fuel and lubricant supply
- Business development and origination for low and zero carbon bunker fuel
- LNG project, city gas distribution
- Natural gas, power and environmental product trade (United States and UK/EU)
- LNG trade (global)
- Power balancing trade (Japan)
- LPG business development
- Methanation: A technology in which the greenhouse gas, CO2 is taken and synthesized with hydrogen (H2) from water electrolysis to produce methane (CH4).
- CCS: Carbon capture and storage. A technology which isolates and traps CO2 in an underground or seabed site.
- I(W)PP: Independent (water and) power producer
- EPC: Engineering, procurement, and construction
Business Overview
The Energy Transformation Business Group will contribute to the creation of a society full of prosperity and dreams by building a decarbonization and recycling energy system and achieving a sustainable carbon cycle.
We will accelerate business development in the next-generation energy field and drive the energy transformation business of the Sumitomo Corporation Group as a whole, while leveraging our power infrastructure business platform in Japan and overseas, and further expanding the trade and business development of natural gas, LNG, and others on a global scale.
Organization
Energy Transformation Business Group
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Energy Transformation Business Group CFO Office
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Energy Innovation Initiative SBU
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Japan Energy Solution SBU
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Overseas Energy Solution SBU
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Indonesia Energy Solution SBU
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Gas Value Chain SBU
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Maritime Energy Solution SBU
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Global Cases
We present our projects and business activities in each country and region to show how they contribute to local communities and the world as a whole. The following cases are relevant to Energy Transformation Business Group.
Digital transformation (DX) driven by cutting-edge technologies
global
Participation in European offshore wind power projects
Germany / Belgium / U.K. / France
Contributing to the sustainable development of local communities and the global environmental protection through the renewable energy business in Japan.
Japan
Retail electricity sales
Japan
Fostering an LNG export project―Capitalizing on the Sumitomo Group's integrated strength
U.S.A.
Sustaining Indonesia’s power supply with geothermal power generation
Indonesia
Providing the global market with sustainable wood resources
New Zealand
Contributing to next-generation energy infrastructure by smart use of cutting-edge battery technology for automobiles
Japan
Supporting local industries and everyday life through the worldwide provision of electric power infrastructure
global
Contributing to big LNG project
Indonesia
Enriching+ Contents
Enriching+ is Sumitomo Corporation's official owned media bringing you the real thoughts of employees and the stories behind the projects. Here you will find contents about Energy Transformation Business Group.
News Release (Energy Transformation Business Group)
- Sep. 13, 2024
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Sumitomo Corporation Establishes Renewable Energy Development and Supply Company in India
- Apr. 15, 2024
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Sumitomo Corporation to make primary investment in a Singapore platform to enter city gas business in India
- Mar. 13, 2024
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Enviva's announcement on their filing of Chapter11 Bankruptcy Code
- Jan. 11, 2024
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Conclusion of Japan's Largest Comprehensive Solar Carport and On-site Solar Corporate PPA Contract
- Dec. 26, 2023
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Retirement of Coal Fired Power Plant Operation at Onahama Power Station