The China Mail - Japan to make renewables top power source by 2040

USD -
AED 3.672497
AFN 70.500846
ALL 85.305536
AMD 383.759429
ANG 1.789623
AOA 916.999864
ARS 1182.270499
AUD 1.53171
AWG 1.8025
AZN 1.699023
BAM 1.688822
BBD 2.018142
BDT 122.249135
BGN 1.69288
BHD 0.37704
BIF 2942
BMD 1
BND 1.27971
BOB 6.921831
BRL 5.492901
BSD 0.999486
BTN 85.958163
BWP 13.345422
BYN 3.271062
BYR 19600
BZD 2.007728
CAD 1.35735
CDF 2877.000006
CHF 0.81425
CLF 0.024399
CLP 936.298585
CNY 7.17975
CNH 7.180615
COP 4100.5
CRC 503.844676
CUC 1
CUP 26.5
CVE 95.625013
CZK 21.476004
DJF 177.719948
DKK 6.453701
DOP 59.24971
DZD 129.791986
EGP 50.263303
ERN 15
ETB 134.316915
EUR 0.86527
FJD 2.24125
FKP 0.736284
GBP 0.73698
GEL 2.725025
GGP 0.736284
GHS 10.274967
GIP 0.736284
GMD 71.493657
GNF 8656.000311
GTQ 7.681581
GYD 209.114263
HKD 7.84963
HNL 26.149994
HRK 6.519499
HTG 130.801014
HUF 348.120249
IDR 16279.8
ILS 3.505045
IMP 0.736284
INR 86.03305
IQD 1310
IRR 42110.00017
ISK 124.260556
JEP 0.736284
JMD 159.534737
JOD 0.70898
JPY 144.880201
KES 129.497036
KGS 87.450143
KHR 4019.999863
KMF 425.511953
KPW 900
KRW 1361.060093
KWD 0.30611
KYD 0.832934
KZT 512.565895
LAK 21677.482409
LBP 89600.000025
LKR 300.951131
LRD 199.649918
LSL 17.819634
LTL 2.95274
LVL 0.60489
LYD 5.425013
MAD 9.122497
MDL 17.092157
MGA 4434.999873
MKD 53.255616
MMK 2099.907788
MNT 3581.247911
MOP 8.081774
MRU 39.670249
MUR 45.280218
MVR 15.404957
MWK 1736.000354
MXN 18.934475
MYR 4.240979
MZN 63.950359
NAD 17.819802
NGN 1543.160082
NIO 36.367659
NOK 9.8995
NPR 137.533407
NZD 1.648927
OMR 0.384489
PAB 0.999503
PEN 3.602502
PGK 4.121897
PHP 56.564992
PKR 283.110318
PLN 3.69795
PYG 7973.439139
QAR 3.640498
RON 4.344399
RSD 101.409001
RUB 78.50072
RWF 1425
SAR 3.751807
SBD 8.347391
SCR 14.675058
SDG 600.498951
SEK 9.48669
SGD 1.281475
SHP 0.785843
SLE 22.225014
SLL 20969.503664
SOS 571.500489
SRD 38.740981
STD 20697.981008
SVC 8.745774
SYP 13001.9038
SZL 17.819738
THB 32.5035
TJS 10.125468
TMT 3.5
TND 2.922497
TOP 2.342103
TRY 39.416665
TTD 6.785398
TWD 29.426803
TZS 2579.432009
UAH 41.557366
UGX 3603.362447
UYU 40.870605
UZS 12730.000182
VES 102.167011
VND 26064.5
VUV 119.102474
WST 2.619188
XAF 566.420137
XAG 0.027511
XAU 0.000295
XCD 2.70255
XDR 0.70726
XOF 564.999759
XPF 103.585115
YER 242.950262
ZAR 17.831869
ZMK 9001.198126
ZMW 24.238499
ZWL 321.999592
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

Japan to make renewables top power source by 2040
Japan to make renewables top power source by 2040 / Photo: © AFP

Japan to make renewables top power source by 2040

Japan wants renewable energy to be its top power source by 2040 in a push to reduce dependence on coal and gas and become carbon neutral by mid-century, government plans showed on Tuesday.

Text size:

Thirteen years after the 2011 Fukushima disaster, the plan also foresees a major role for nuclear power in helping to meet growing energy demand from artificial intelligence and microchip factories.

The world's fourth-largest economy -- which campaigners say has the dirtiest energy mix in the G7 -- had already set a goal of becoming carbon neutral by 2050.

Under the new plans, renewables such as solar and wind were expected to account for 40 to 50 percent of electricity generation by 2040.

That marks a jump from last year's level of 23 percent and a previous target for 2030 of 38 percent.

Resource-poor Japan "will aim to maximise the use of renewable energy as our main source of power", said the draft Strategic Energy Plan unveiled on Tuesday.

Government experts were reviewing the plan released by the Agency for Natural Resources and Energy and it will be presented to the cabinet for approval.

Japan is aiming to avoid relying heavily on one energy source to ensure "both a stable supply of energy and decarbonisation", the draft said.

Geopolitical concerns affecting energy lines, from the Ukraine war to Middle East unrest, were also behind the shift to renewables and nuclear, it said.

- Nuclear push -

Nearly 70 percent of Japan's power needs in 2023 were met by power plants burning coal, gas and oil -- almost all of which must be imported.

The government wants that figure to fall to 30 to 40 percent by 2040. The previously announced 2030 target was 41 percent, or 42 percent when hydrogen and ammonia were included.

The new plans forecast a 10 to 20 percent jump in overall electricity generation by 2040, from 985 billion kilowatt hours (kWh) in 2023.

"Securing decarbonised sources of electricity is an issue directly related to our country's economic growth," Yoshifumi Murase, the head of the national energy agency, told the government's expert panel on Tuesday.

Unlike the previous plan released three years ago, the draft no longer foresees reducing Japan's reliance on nuclear power "as much as possible" -- a goal set after the 2011 disaster.

The government pulled the plug on nuclear power plants nationwide after the tsunami-triggered Fukushima meltdown.

However, it has gradually been bringing them back online, despite a public backlash in some places, as it seeks to cut emissions.

It expects all its existing reactors to be in operation by 2024, and affirmed the government's plan to develop and use new next-generation nuclear reactors, as its existing facilities get older.

Nuclear accounts for about 20 percent of Japan's energy needs under the 2040 targets, around the same as the current 2030 target.

That would mean more than double the 8.5 percent of overall power generation that nuclear provided in 2023.

Japan, like many countries, sweltered through record-breaking summer temperatures this year.

It also saw its warmest autumn since records began 126 years ago. The famous snowcap of Mount Fuji was absent for the longest recorded period this year, not appearing until early November, compared with the average of early October.

N.Wan--ThChM