Zürcher Nachrichten - Japan to make renewables top power source by 2040

EUR -
AED 3.961939
AFN 77.474194
ALL 99.247373
AMD 421.476505
ANG 1.931049
AOA 985.360016
ARS 1157.541382
AUD 1.725434
AWG 1.941611
AZN 1.814769
BAM 1.954646
BBD 2.179044
BDT 131.152551
BGN 1.952718
BHD 0.406543
BIF 3207.420805
BMD 1.078673
BND 1.449551
BOB 7.457907
BRL 6.16829
BSD 1.079178
BTN 92.463826
BWP 14.815144
BYN 3.531731
BYR 21141.991123
BZD 2.16775
CAD 1.552745
CDF 3095.791321
CHF 0.951794
CLF 0.026421
CLP 1013.99603
CNY 7.828688
CNH 7.855177
COP 4517.374726
CRC 539.788747
CUC 1.078673
CUP 28.584835
CVE 110.199924
CZK 24.953987
DJF 192.188089
DKK 7.461602
DOP 68.290622
DZD 144.633908
EGP 54.561544
ERN 16.180095
ETB 142.865321
FJD 2.519187
FKP 0.832703
GBP 0.836613
GEL 2.976858
GGP 0.832703
GHS 16.713666
GIP 0.832703
GMD 77.788917
GNF 9303.304779
GTQ 8.320772
GYD 225.657389
HKD 8.393268
HNL 27.530661
HRK 7.537986
HTG 140.888676
HUF 400.937162
IDR 17934.350957
ILS 3.997136
IMP 0.832703
INR 92.152911
IQD 1407.071653
IRR 45394.038821
ISK 142.253052
JEP 0.832703
JMD 168.858068
JOD 0.764778
JPY 160.922979
KES 139.449974
KGS 93.336533
KHR 4290.903202
KMF 490.41045
KPW 970.787435
KRW 1589.939265
KWD 0.332516
KYD 0.897047
KZT 542.99132
LAK 23224.975651
LBP 96407.800471
LKR 318.675341
LRD 215.1011
LSL 19.812861
LTL 3.185041
LVL 0.652478
LYD 5.182319
MAD 10.387486
MDL 19.392443
MGA 5008.930878
MKD 61.309974
MMK 2264.442962
MNT 3766.483178
MOP 8.642325
MRU 42.534017
MUR 49.24209
MVR 16.653976
MWK 1865.286324
MXN 22.134693
MYR 4.784141
MZN 68.912549
NAD 19.812861
NGN 1655.659483
NIO 39.567089
NOK 11.31741
NPR 147.513772
NZD 1.899875
OMR 0.415269
PAB 1.078673
PEN 3.946221
PGK 4.390988
PHP 61.755529
PKR 302.113423
PLN 4.170365
PYG 8572.769541
QAR 3.926631
RON 4.961678
RSD 116.833988
RUB 91.511638
RWF 1528.963553
SAR 4.045145
SBD 9.168623
SCR 15.442581
SDG 647.72845
SEK 10.814263
SGD 1.447432
SHP 0.847668
SLE 24.577576
SLL 22619.234986
SOS 616.071745
SRD 39.430657
STD 22326.353608
SVC 9.438475
SYP 14024.750296
SZL 19.812861
THB 36.588498
TJS 11.73894
TMT 3.77428
TND 3.353396
TOP 2.597933
TRY 40.914596
TTD 7.313619
TWD 35.827919
TZS 2857.638343
UAH 44.640457
UGX 3947.704322
USD 1.078673
UYU 45.483216
UZS 13894.195195
VES 74.650489
VND 27593.94493
VUV 132.936281
WST 3.050235
XAF 653.8806
XAG 0.03185
XAU 0.000344
XCD 2.920325
XDR 0.813713
XOF 653.8806
XPF 119.331742
YER 265.368414
ZAR 19.766963
ZMK 9709.356384
ZMW 30.375038
ZWL 347.332271
  • CMSD

    0.1000

    22.81

    +0.44%

  • GSK

    0.0000

    38.74

    0%

  • NGG

    0.0400

    65.61

    +0.06%

  • AZN

    -0.2900

    73.5

    -0.39%

  • BP

    -0.0700

    33.79

    -0.21%

  • CMSC

    -0.0628

    22.4

    -0.28%

  • SCS

    -0.1400

    10.96

    -1.28%

  • RIO

    -0.9500

    60.08

    -1.58%

  • BTI

    0.8600

    41.37

    +2.08%

  • BCC

    -0.2100

    98.09

    -0.21%

  • JRI

    0.0700

    12.94

    +0.54%

  • RYCEF

    -0.0100

    9.69

    -0.1%

  • BCE

    -0.0100

    22.96

    -0.04%

  • RELX

    0.2500

    50.41

    +0.5%

  • VOD

    -0.0800

    9.37

    -0.85%

  • RBGPF

    1.0000

    68

    +1.47%

Japan to make renewables top power source by 2040
Japan to make renewables top power source by 2040 / Photo: Philip FONG - 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.

T.Gerber--NZN