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A Message from the Chairman

A Message from the Chairman

JEPIC was established in 1958 to serve Japanese regional electric utilities. The objectives are to conduct research and exchange information with electric utilities worldwide, and cooperate with developing countries to help build out their electric power infrastructures. These objectives have remained unchanged since JEPIC's establishment.
The global energy situation is entering a period of major change. Decarbonization had already become a global trend, but as the economy aims to recover from the global COVID-19 pandemic, countries are ramping up their decarbonization efforts. In Europe and the United States, governments are promoting a so-called green recovery that includes the expansion of renewable energy, the gradual reduction of coal-fired power generation, the promotion of electrification, and the development of hydrogen use. Many countries are also increasingly recognizing the value of nuclear power as a clean power source. Additionally, China and other Asian countries are working to decarbonize their economies.
Under these circumstances, along with the expansion of renewable energy and the spread of electric vehicles, the resilience of transmission and distribution systems and the development of the electric power market have become important issues. Electric utilities around the world are required to make difficult business decisions to secure a stable supply while promoting decarbonization in their respective business environments.
Furthermore, Russia's invasion of Ukraine and the subsequent sanctions will lead to a decrease in energy procurement from Russia and a significant increase in fossil fuel prices, and the global energy situation will be greatly transformed. Thus, each country is under pressure to rethink its energy policies and strategies, including the promotion of decarbonization in the future.
As we make nationwide efforts to realize a decarbonized society and achieve energy security in Japan, electric utility companies must play a central role and promote innovative initiatives. JEPIC will focus on what overseas electric utilities consider priority issues and what kinds of initiatives they are taking in an ever-changing business environment. JEPIC will actively provide information to meet their needs.
In addition, in international cooperation programs, we aim to further deepen and develop our relationships with ASEAN and non-ASEAN countries by making full use of the relationships and connections we have cultivated.
JEPIC will do our best to serve as a bridge connecting utilities across the globe and as a bridge to the future.
April 1, 2022
Chairman & CEO
Yuji MASUDA

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