As the realization of a carbon-neutral society emerges as a global challenge, major energy companies in Korea are actively investing heavily in renewable energy sectors such as solar and wind power to reduce their dependence on fossil fuels.

In line with the government's carbon neutrality policy, energy companies are consecutively announcing their goals for renewable energy supply, including offshore wind power and solar power. Notably, Tokyo Gas, the largest comprehensive energy company in Northeast Asia, has set a goal of increasing its wind and solar power generation capacity to 6 million kW by 2030, more than four times the current level. To achieve this, they plan to invest approximately 6 trillion won.

Tokyo Gas is strengthening its global partnerships, including investing in a US company with floating wind power technology and jointly developing it, as well as establishing a cooperative system with leading European companies in the offshore wind power generation sector. Last year, they invested approximately 330 billion won in a specialized investment fund for offshore wind power. Tokyo Gas emphasizes that "as a city gas company, we are in a position to lead the global decarbonization trend" and actively pursuing renewable energy expansion.

In addition, 'JERA', a power generation company invested in by Tokyo Electric Power and Chubu Electric Power, established a specialized renewable energy development company in April and plans to invest over 10 trillion won domestically and internationally by 2035.

As the international community's demand for decarbonization intensifies, major energy companies are expected to expand their investments in renewable energy. In order to meet government policies and market demands, proactive responses are needed in the renewable energy and new technology sectors, in addition to existing fossil fuel businesses.