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Background Information

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 research and development 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 Incorporated Administrative Agency New Energy and Industrial Technology Development Organization Law

Mission

Addressing energy and global environmental problems
 NEDO actively undertakes the development of new energy and energy conservation technologies, verification of technical results, and introduction and dissemination of new technologies (e.g., support for introduction). Through these efforts, NEDO promotes greater utilization of new energy and improved energy conservation. NEDO also contributes to a stable energy supply and the resolution of global environmental problems by promoting the demonstration of new energy, energy conservation and environmental technologies abroad based on knowledge obtained from domestic projects.

Enhancing industrial technology
 With the aim of raising the level of industrial technology, NEDO pursues research and development of advanced new technology. Drawing on its considerable management know-how, NEDO carries out projects to explore future technology seeds as well as mid- to long-term projects that form the basis of industrial development. It also supports research related to practical application.

Minister in Charge

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

Governing Laws

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

Personnel

About 800

Budget

Approximately 148.4 billion yen (FY2014)

Last Updated : August 13, 2014