JERA

JERA is Japan's largest power generation company, operating across the entire energy value chain from fuel upstream development to wholesale electricity and gas sales, headquartered in Tokyo, Japan. The company manages approximately 67 GW of total power generation capacity, with thermal power constituting 97% of its portfolio and renewables representing 3% of its global capacity as of FY2023. JERA also owns 3.7 GW of U.S. thermal assets through its subsidiary JERA Americas, and is advancing low-carbon solutions like hydrogen and ammonia, aiming for net-zero CO2 emissions by 2050. Its business model involves wholesaling electricity and gas to retail utilities. JERA was founded in April 2015 as a 50-50 joint venture between TEPCO Fuel & Power and Chubu Electric Power.