Hawaiʻi Enters Agreement with Top Japanese Buyer of Liquefied Natural Gas
Josh Green has entered Hawaiʻi into an agreement with JERA, Japan’s largest energy company, to import liquefied natural gas for powering Oʻahu’s grid.
A statement from Green’s office said the agreement
“establishes a framework for collaboration among JERA Co., Inc., JERA Americas Inc. and the state of Hawaiʻi”to advance clean energy initiatives.
The plan is based on the Alternative Fuels, Repowering and Energy Transition study, which suggests reducing Oʻahu’s dependence on oil by swapping it with liquefied natural gas, both fossil fuels.
Hawaiʻi aims to stop using fossil fuels for power generation by 2045, requiring over $2 billion in investments into Oʻahu’s energy infrastructure for natural gas power.
Author’s summary: Hawaiʻi agrees with JERA to import liquefied natural gas.