Epson Plans Construction of Biomass Power Plant
14 February 2024: Seiko Epson Corporation (Epson) is planning construction of company’s first biomass power plant, in Iida City, in Nagano Prefecture, Japan. Epson’s plant will be operational in 2026 fiscal year (ending March 2027) and is moving to secure the land and buildings, contract construction and file paperwork for power generation.
Epson publicly committed to becoming carbon negative and underground resource free in Environmental Vision 2050. The use of renewable electricity is a key means by which Epson seeks to reach its goal of decarbonization and, in December 2023, Epson completed the switch to 100% renewable electricity at all Epson Group sites around the world.
New power plant is intended to provide Epson with self-generated renewable electricity on a continuous basis and reduce the ratio of electricity the company purchases from external power companies, thereby promoting wider public adoption of renewable electricity. Epson plans to construct the plant on the site of former Kiribayashi Clean Center, which Minami Shinshu Wide-Area Union shut down in December 2017.
The electricity generated will be sold to the market under a feed-in premium (FIP) scheme and Epson will convert the electricity that it uses into renewable electricity by leveraging the environmental value created through power generation. Power plant will not depend on fossil fuels. It will be fueled primarily by unused wood from the Minami Shinshu area, as well as by materials such as tree bark, mushroom culture medium, and some waste wooden pallets from Epson. By utilizing wood and bark from neglected forests, Epson will also be contributing to forest maintenance.
Construction of this power plant will increase the ratio of self-generated power and meet the technical criteria of RE100, which emphasizes additionality. In the future, Epson aims to create a closed-loop power plant, including by developing technology for the fixation and utilization of CO2 produced during power generation.
