Profile

Designation

Incorporated Administrative Agency New Energy and Industrial Technology Development Organization
Business name: New Energy and Industrial Technology Development Organization (NEDO)

Foundation

Originally established as a semi-governmental organization on October 1, 1980; reorganized as an Incorporated Administrative Agency on October 1, 2003

History

October 1980

New Energy Development Organization established under the Law Concerning the Promotion of the Development and Introduction of Alternative Energy

October 1988

Industrial technology R&D added; name changed to New Energy and Industrial Technology Development Organization

October 2003

Incorporated Administrative Agency New Energy and Industrial Technology Development Organization established under the Law Concerning the Incorporated Administrative Agency New Energy and Industrial Technology Development Organization

Purpose

NEDO conducts various activities focusing on research and development related to oil-alternative energy technology, technology for the efficient use of energy, and industrial technology. Its programs and projects include promotion of private sector participation in national technology development projects, support for the private sector to pursue its own research and development efforts and dissemination of newly developed technology. All of these activities are carried out in a concerted and internationally coordinated manner. By facilitating the practical application and commercialization of advanced new technology, NEDO endeavors to ensure a stable and efficient supply of energy under fluctuating domestic and international socio-economic conditions and to assist in the development of Japan's economy and industry. At the same time, NEDO strives to contribute to the fulfillment of Japan's Kyoto Protocol commitment without overly restricting energy use and industrial activities in Japan through, for example, obtaining emission credits via the Kyoto Mechanisms.

Primary Activities

1. Development and promotion of new energy and energy conservation technologies
2. Development of industrial technology
3. Acquisition of emission reduction credits through the Kyoto Mechanisms

Minister in Charge

The Minister of Economy, Trade and Industry (The Minister of Environment co-administers the Kyoto Mechanisms Credit Acquisition Program)

Governing Laws

General Rules for Incorporated Administrative Agencies
Incorporated Administrative Agency New Energy and Industrial Technology Development Organization Law

Personnel

About 900

Budget

Approximately 123.6 billion yen (FY2012)