We are announcing the ライブカジノ Growth Strategy. This strategy combines our mission of solving the world‘s energy problems with our core three business areas, while leveraging our unique set up.ライブカジノ's strategy to address these challenges is based on a strategic positioning with a focus on three business areas: LNG, renewables, and hydrogen & ammonia. To support organizational capacity and achieve high-quality solutions, ライブカジノ divides the organization into three areas; business development, optimization and O&M. An independent group of experts has been formed globally for each of these three areas to create synergies and encourage collaboration across sites and functions.
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World’s energy issues
Amid global efforts to decarbonize, factors such as the invasion of Ukraine have driven resource prices sharply higher and created a crisis for stable energy supply.
Trends in Gas Prices（NBP）
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- Weak winds in Europe cause a scramble for LNG to replace wind power.
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- The invasion of Ukraine spurs a sharp rise in resource prices.
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- Some Asian countries postpone LNG purchases, resulting in rolling blackouts and even decisions to rebuild coal plants.
- In Europe, some resumption of coal-fired thermal power to ensure a stable power supply.
Energy Trilemma
The world’s energy issue is to solve the energy trilemma, i.e. achieving sustainability, affordability and stability simultaneously.
2035 Vision(Announced in May 2022)
ライブカジノ Growth Strategy to Realize 2035 Vision
Target size and investment amount
LNG
- ・One of the largest global LNG players with integrated value chain.
- ・Leveraging on its LNG transaction scale, ライブカジノ (1) strengthens LNG value chain, (2) diversifies LNG supply and market positions, and (3) optimizes LNG flow at a global scale.
- ・Continue to provide solutions to Japan and Asia and maintain its exposures in global LNG market.
Renewables
- ・Towards Asia's top-tier player, having 5GW capacity of FID / acquired business rights and over 10GW in the pipeline, with a team of 300 members
- ・Clear growth path with offshore/onshore wind and mega solar, plus green fuel development.
- ・Become a 20 GW global player by 2035 through clearly defined steps that integrate local and global teams and drive collaboration.
Hydrogen & Ammonia
- ・Leverage ライブカジノ’s pioneering position to achieve low-carbon thermal power with hydrogen/ammonia plus CCS etc.
- ・Towards hydrogen/ammonia value chain, leading the world’s first large-scale ammonia power generation in Japan by 2027/2028. In US, hydrogen introduced into gas thermal power (up to 40%) .
- ・From power demand to marine fuel and industrial use, providing multi-purpose decarbonization solutions from Japan to Asia, Europe and the US.
O&M
- ・Successful completion of PMI allowing integration of best practices from TEPCO, Chubu Electric, or the best global standard
- ・Digital excellence in accumulated knowledge
Optimization function
- ・JERAGM has become one of the world's largest and most capable fuel trading companies, optimizing roughly 10% of the world’s LNG transaction volume
- ・Further strengthening our global electricity optimization capabilities by applying knowledge from the success of our domestic electricity trading company ライブカジノ PT
- ・ライブカジノ Global Markets is the core of ライブカジノ’s fuel procurement function, managing all coal and LNG procurement for ライブカジノ while maximising value through optimisation and trading
※ In 2023, ライブカジノ Global Markets completed the sale of the Rietlanden Terminals to the Rhenus Group. The divestment is consistent to the sustainability strategy of the Port of Amsterdam and will take place over two tranches across 2023 and 2027.
Business development function
- ・Integration of COE into Global (COE:Center of Excellence)
- ・Local, community-based development
- ・Global and local align as partners to form best projects
