The Prague Post - Japan to make renewables top power source by 2040

EUR -
AED 4.173909
AFN 75.011235
ALL 93.707341
AMD 415.321178
AOA 1043.336123
ARS 1701.430095
AUD 1.630979
AWG 2.048598
AZN 1.935282
BAM 1.956379
BBD 2.288868
BDT 140.29155
BHD 0.428525
BIF 3398.991722
BMD 1.136532
BND 1.470129
BOB 12.949835
BRL 5.814152
BSD 1.136432
BTN 108.85276
BWP 15.654568
BYN 3.259951
BYR 22276.019465
BZD 2.285577
CAD 1.603544
CDF 2568.561245
CHF 0.931757
CLF 0.027183
CLP 1069.86193
CNY 7.689891
CNH 7.697086
COP 3643.799884
CRC 517.05086
CUC 1.136532
CUP 30.118088
CVE 110.297667
CZK 24.186186
DJF 202.369936
DKK 7.474853
DOP 66.209609
DZD 151.683779
EGP 57.449514
ERN 17.047974
ETB 183.422824
FJD 2.538106
FKP 0.854303
GBP 0.85553
GEL 2.978291
GGP 0.854303
GHS 13.238921
GIP 0.854303
GMD 84.103034
GNF 9974.954272
GTQ 8.66953
GYD 237.710402
HKD 8.912391
HNL 30.444017
HRK 7.534413
HTG 148.523335
HUF 360.947097
IDR 20574.631652
ILS 3.473866
IMP 0.854303
INR 108.84427
IQD 1488.740919
IRR 1562873.023925
ISK 142.396142
JEP 0.854303
JMD 179.9633
JOD 0.805814
JPY 186.305967
KES 147.179854
KGS 99.389884
KHR 4594.340489
KMF 492.118137
KRW 1658.76648
KWD 0.353064
KYD 0.946976
KZT 543.508579
LAK 25756.628313
LBP 101765.63982
LKR 381.883102
LRD 205.690014
LSL 19.096872
LTL 3.355882
LVL 0.687477
LYD 7.291159
MAD 10.660957
MDL 20.114869
MGA 4870.442474
MKD 61.537955
MMK 2386.915483
MNT 4086.77647
MOP 9.178818
MRU 45.458463
MUR 53.973497
MVR 17.570519
MWK 1970.583626
MXN 19.862652
MYR 4.650667
MZN 72.635781
NAD 19.096956
NGN 1551.911388
NIO 41.822202
NOK 11.008264
NPR 174.164816
NZD 1.96916
OMR 0.437003
PAB 1.136437
PEN 3.868329
PGK 5.011484
PHP 70.080804
PKR 315.666691
PLN 4.326639
PYG 6836.024618
QAR 4.142827
RON 5.231906
RSD 117.409373
RUB 89.27261
RWF 1665.986084
SAR 4.260957
SBD 9.165726
SCR 15.381488
SDG 682.480923
SEK 11.06323
SGD 1.47003
SLE 27.560522
SOS 649.489501
SRD 42.882539
STD 23523.909582
STN 24.50715
SVC 9.943945
SZL 19.099573
THB 38.204511
TJS 10.472001
TMT 3.989226
TND 3.374184
TRY 53.84852
TTD 7.729255
TWD 36.833965
TZS 3007.535739
UAH 51.105436
UGX 4290.251765
USD 1.136532
UYU 45.653521
UZS 13694.055754
VES 843.172333
VND 29907.829195
VUV 135.43663
WST 3.126607
XAF 656.148444
XAG 0.019808
XAU 0.000282
XCD 3.071534
XCG 2.048098
XDR 0.815156
XOF 656.151332
XPF 119.331742
YER 270.664953
ZAR 19.081417
ZMK 10230.143961
ZMW 21.251294
ZWL 365.962713
  • BCC

    3.5050

    81.725

    +4.29%

  • CMSD

    -0.0300

    22.02

    -0.14%

  • GSK

    3.0000

    54.98

    +5.46%

  • BCE

    0.5600

    21.8

    +2.57%

  • RIO

    -1.5100

    90.44

    -1.67%

  • JRI

    0.0350

    12.945

    +0.27%

  • BTI

    1.6800

    62.5

    +2.69%

  • BP

    0.3900

    42.7

    +0.91%

  • AZN

    3.3600

    173

    +1.94%

  • RYCEF

    0.7000

    18.87

    +3.71%

  • RBGPF

    0.0000

    66

    0%

  • VOD

    0.5550

    16.355

    +3.39%

  • CMSC

    0.0320

    21.782

    +0.15%

  • NGG

    0.6000

    81.81

    +0.73%

  • RELX

    1.8800

    37.53

    +5.01%

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.

O.Ruzicka--TPP