With the integration of existing thermal power plants of its parents Tokyo Electric Power Company Holdings Inc. and Chubu Electric Power Co. completed on April 1, Jera Co. has completed the last step of unifying the full value chain from upstream fuel and power trading to power generation.

This month Jera, the world's biggest liquefied natural gas buyer and which controls roughly half of Japan's total power generation facilities, has outlined goals to transform itself into a global leader in LNG and renewable energy to drive a clean energy economy.

Amid pressure to fight climate change, Jera's new president, Satoshi Onoda, said the firm will have to fulfill the responsibility of securing a stable power supply and curbing carbon dioxide emissions.