A consortium of Japanese companies has initiated the Floating Offshore Wind Technology Research Association (FLOWRA). The association's primary goal is to achieve large-scale commercialisation of floating offshore wind across a broad area.
It aims to contribute to the realization of a carbon-neutral society and facilitate the establishment of a domestic industry with prospects for overseas markets. This will be accomplished by addressing cost and risk reduction issues and promoting technological advancements in the commercial deployment of floating offshore wind. The founding members of the association include Chubu Electric Power Co, Cosmo Eco Power Co, Electric Power Development Co, Eurus Energy Holdings Corporation, Hokuriku Electric Power Company, JERA, The Kansai Electric Power Company, Kyuden Mirai Energy Company, Marubeni Offshore Wind Development Corporation, Mitsubishi Corporation Offshore Wind, NTT Anode Energy Corporation, TEPCO Renewable Power, Tohoku Electric Power Co, and Tokyo Gas Co.