Tuesday, October 23, 2018
News

Japan backs role of nuclear power in 2030 energy plan

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

TOKYO | Wednesday, May 16 2018 IST
Japan released a draft of an updated basic energy policy on Wednesday, leaving its ideal mix of power sources for 2030 in line with targets set three years ago, despite criticism it places too much emphasis on unpopular nuclear power. The industry ministry draft said nuclear should account for 20-22 percent of power supply in 2030 and renewables 22-24 percent, in line with the trade ministry's goals set in 2015. Fossil fuels, such as coal and gas, account for the rest. Many experts view the nuclear target as difficult to achieve in the wake of the 2011 Fukushima disaster which led to a big shift in public opinion after it exposed industry and regulatorfailings and led to the shutdown of all the country's reactors.

Nuclear plant restarts have been protracted and Japan's reliance on imported coal and natural gas has surged, raising costs for businesses and consumers.

In the financial year through March 2017, fossil fuels accounted for 83 percent of Japan's electricity, renewables 15 percent and nuclear just 2 percent. Only five of Japan's 40 commercially viable reactors are operating.

The 2030 plan also left the door open to building new nuclear plants to help meet long-term emissions targets to combat climate change.

Japan aims to reduce its carbon emissions by 26 percent from 2013 levels by 2030 and by 80 percent by 2050, targets that informed the latest policy update.

Former Prime Minister Junichiro Koizumi recently said Japan should shift investment in nuclear to renewables, aiming to derive all of its future power from sources like solar and wind in his latest call to abandon nuclear power. Opposition to nuclear along with use of coal, the dirtiestfossil fuel, has also come from within the government. An energy task force advising Japan's foreign minister in February proposed boosting renewable energy and shifting away from coal-fired and nuclear power at home, arguing the country's policies are outdated and undermine its global competitiveness. Cabinet is scheduled to approve the revised basic energy plan around July. The government revises its basic energy plan once every three to four years. REUTERS JA 1232

-- (Reuters) -- C-1-1-DL0386-1366161.Xml

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE ASIA NEWS
Bangladesh observes road safety day...
US general wounded in Afghan attack...
Taliban key commander among 21 killed in...
No flood threat now in Arunachal, says C...
19 killed in bus collision in Pakistan...
Pakistan PM's remarks regrettable: India...
More...
 
INDIA WORLD ASIA
Centre should release funds for Polavara...
5 Indian fishermen apprehended by Sri La...
Indo-Pak DGMO-level talks: Army to prote...
Aurangabad: One student killed, 20 injur...
Fuel prices continue to decline on Tuesd...
Hyderabad woman stranded in Somalia, kin...
More...    
 
 Top Stories
Kiwis name Corey Anderson for Pakis... 
5 Indian fishermen apprehended by S... 
Some names have shocked me: AR Rahm... 
Aurangabad: One student killed, 20 ... 
Bajrang Punia settles for silver at... 
Fuel prices continue to decline on ... 
Hyderabad woman stranded in Somalia... 
Son of Gurugram judge shot by guard...