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Background Information

Designation

National Research and Development Agency
New Energy and Industrial Technology Development Organization (NEDO)
Business name: New Energy and Industrial Technology Development Organization (NEDO)

Foundation

Originally established on October 1, 1980;
reorganized as an incorporated administrative agency on October 1, 2003

History

  • 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

Purpose

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.

Details of Major Operations

Operations relating to technology development management (national projects and practical application promotion activities)

Minister in Charge

Minister of Economy, Trade and Industry

Governing Laws

Act on General Rules for Incorporated Administrative Agencies
Act on the New Energy and Industrial Technology Development Organization

Executives

Details of Executives

Organization

Details of NEDO's Organization

Personnel

1,464 (as of April 1, 2023)

Budget

Approximately 152.8 billion yen (FY2023 initial budget)

*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

Last Updated : March 8, 2024