Dubai Telegraph - Japan to make renewables top power source by 2040

EUR -
AED 3.859003
AFN 73.726414
ALL 98.337103
AMD 412.947945
ANG 1.891514
AOA 958.598245
ARS 1072.189808
AUD 1.664171
AWG 1.891164
AZN 1.783966
BAM 1.956575
BBD 2.1191
BDT 125.419708
BGN 1.956614
BHD 0.396061
BIF 3102.281913
BMD 1.050646
BND 1.417794
BOB 7.252736
BRL 6.414298
BSD 1.049496
BTN 89.154941
BWP 14.33841
BYN 3.434696
BYR 20592.66964
BZD 2.115498
CAD 1.50513
CDF 3015.355288
CHF 0.937445
CLF 0.037608
CLP 1037.723976
CNY 7.653749
CNH 7.658991
COP 4565.615495
CRC 528.299328
CUC 1.050646
CUP 27.84213
CVE 110.307144
CZK 25.085757
DJF 186.900518
DKK 7.459075
DOP 63.704036
DZD 140.743121
EGP 53.350982
ERN 15.759696
ETB 133.28899
FJD 2.41759
FKP 0.832093
GBP 0.826991
GEL 2.952227
GGP 0.832093
GHS 15.428115
GIP 0.832093
GMD 75.646835
GNF 9064.247406
GTQ 8.083896
GYD 219.582849
HKD 8.163249
HNL 26.63705
HRK 7.536188
HTG 137.209157
HUF 409.444788
IDR 16931.061836
ILS 3.779238
IMP 0.832093
INR 89.226249
IQD 1374.944942
IRR 44219.080363
ISK 144.726768
JEP 0.832093
JMD 164.261976
JOD 0.745333
JPY 161.239028
KES 135.796166
KGS 91.406067
KHR 4217.510988
KMF 489.732551
KPW 945.581182
KRW 1508.43403
KWD 0.323189
KYD 0.874647
KZT 550.13804
LAK 22989.001991
LBP 93985.760945
LKR 305.579658
LRD 189.961673
LSL 18.97393
LTL 3.102286
LVL 0.635526
LYD 5.135938
MAD 10.497661
MDL 19.211523
MGA 4918.85589
MKD 61.559984
MMK 3412.458557
MNT 3570.096365
MOP 8.398729
MRU 41.722742
MUR 48.939328
MVR 16.173557
MWK 1819.886646
MXN 21.228242
MYR 4.694251
MZN 67.138628
NAD 18.97402
NGN 1630.913873
NIO 38.62347
NOK 11.761225
NPR 142.650822
NZD 1.830363
OMR 0.404494
PAB 1.049516
PEN 3.922154
PGK 4.250442
PHP 62.064311
PKR 291.980265
PLN 4.269782
PYG 8205.095793
QAR 3.826571
RON 4.976387
RSD 116.969551
RUB 109.89613
RWF 1461.951596
SAR 3.947838
SBD 8.808152
SCR 14.826017
SDG 631.962976
SEK 11.504704
SGD 1.418762
SHP 0.832093
SLE 23.952358
SLL 22031.533081
SOS 599.826315
SRD 36.988025
STD 21746.259445
SVC 9.18364
SYP 2639.780881
SZL 18.967156
THB 36.026142
TJS 11.466345
TMT 3.687769
TND 3.330593
TOP 2.460718
TRY 36.787044
TTD 7.126791
TWD 34.152344
TZS 2483.459164
UAH 43.947882
UGX 3820.514212
USD 1.050646
UYU 46.786762
UZS 13507.353466
VES 53.036006
VND 26742.103079
VUV 124.734846
WST 2.902713
XAF 656.204587
XAG 0.034512
XAU 0.000397
XCD 2.839425
XDR 0.800602
XOF 656.204587
XPF 119.331742
YER 263.055579
ZAR 18.99221
ZMK 9457.080647
ZMW 29.097979
ZWL 338.307715
  • RBGPF

    62.4900

    62.49

    +100%

  • RYCEF

    0.0600

    7.43

    +0.81%

  • BCC

    -3.1400

    133.11

    -2.36%

  • CMSD

    -0.0400

    23.93

    -0.17%

  • RIO

    0.2000

    61.46

    +0.33%

  • JRI

    -0.3800

    12.62

    -3.01%

  • GSK

    0.6500

    34.23

    +1.9%

  • SCS

    -0.2600

    13.05

    -1.99%

  • CMSC

    0.0000

    24.32

    0%

  • RELX

    0.0400

    47.02

    +0.09%

  • NGG

    0.6100

    59.4

    +1.03%

  • VOD

    0.0600

    8.63

    +0.7%

  • BCE

    -0.2800

    23.58

    -1.19%

  • BTI

    -0.3500

    37.29

    -0.94%

  • BP

    0.1300

    29.08

    +0.45%

  • AZN

    0.9500

    67.18

    +1.41%

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.

R.Mehmood--DT