• October 1980
  New Energy Development Organization established
• October 1988
  Research and development on industrial technology added; name changed to New Energy and Industrial Technology Development Organization (NEDO)
• October 2003
  Incorporated Administrative Agency New Energy and Industrial Technology Development Organization established under the Act on the New Energy and Industrial Technology Development Organization
• April 2015
  Status changed from incorporated administrative agency to national research and development agency

The purpose of NEDO is to enhance industrial technology and promote commercialization by comprehensively performing functions such as: promoting research and development (R&D) carried out using skills from the private sector; promoting R&D carried out by the private sector with regard to technology for non-fossil energies, combustible natural gas, and coal; promoting the technology required for the rational use of energy and technology in mining and industry; and promoting the utilization of such technology in cooperation with the international community; to thereby contribute to ensuring a stable and efficient energy supply in accordance with the changes in the domestic and foreign economic and social environments and to the development of the economy and industry.

1,412 (as of April 1, 2022)

Approximately 156.8 billion yen (FY2022)

*In addition to the above, the following programs will be funded and conducted as publicly solicited research and development projects.

• Moonshot Research and Development Program : 25.2 billion yen
• Research and Development Project for Enhancement of the Bases for Post-5G Information and Communication Systems : 310.0 billion yen
• Green Innovation Funding Program : 2 trillion yen
• Program for Developing Important Economic Security Technologies : 125 billion yen
• Specified Semiconductor Funding Program : 617 billion yen