ECONOMY > Energy

  • BOXES
  • LIST

ECONOMY > Energy

President Putin signs decree to replace operating body of Sakhalin-2 with new Russian firm

NHK reported this morning that President Putin signed a decree on Thursday to replace Sakhalin Energy Investment Company, the body that operates the “Sakhalin-2” gas and oil project in Russia’s Far East, with a newly established Russian firm. According to the report, Putin signed the decree in response to a “threat to Russia’s national interest and economic security.” The network….Read more

  • July 1, 2022
  • , NHK
  • JMH Summary

ECONOMY > Energy

Amid heat-wave power crunch, Japan brings back rusty gas plants

SAYUMI TAKE, Nikkei staff writer   TOKYO — Japan is already sweating out a dire power crunch as it heads into a boiling summer, introducing measures such as restarting retired gas plants to save power in order to shore up its scanty electricity supply.   Unit 5 of the Anegasaki Thermal Power Station in Chiba Prefecture, near Tokyo, had been….Read more

  • June 30, 2022
  • , Nikkei Asia , 5:50 p.m.
  • English Press

ECONOMY

Editorial: Tokyo governor should rethink solar panels plan

By Editorial Board, The Sankei Shimbun   Mandatory installation of solar power in newly built homes, including detached houses?   This is Tokyo Governor Yuriko Koike’s new signature plan, and revisions to the ordinance for introduction of the system are already being proposed. Meanwhile, questions concerning who bears the costs of installation and recycling, among others, are entirely unresolved. Isn’t….Read more

  • June 30, 2022
  • , Japan Forward
  • English Press

ECONOMY > Energy

Thermal power plant in Fukushima Pref. restarted

Tokyo, June 30 (Jiji Press)–The electricity supply-demand balance remained tight in the Tokyo area Thursday afternoon although a thermal power plant in Fukushima Prefecture, northeastern Japan, was brought back online after being suspended earlier in the day due to an equipment problem.   The 600,000-kilowatt No. 9 unit of the Nakoso thermal power plant, located in the city of Iwaki,….Read more

ECONOMY > Energy

EXCLUSIVE: JBIC to establish next-gen energy strategy office

Tokyo, June 29 (Jiji Press)–The Japan Bank for International Cooperation will establish a so-called next-generation energy strategy office to support Japanese companies that manufacture and provide hydrogen and ammonia, Jiji Press learned Wednesday.   The new office, which will help these companies expand overseas and develop technology, is slated soon to be set up in JBIC’s Energy and Natural Resources….Read more

  • June 29, 2022
  • , Jiji Press , 10:35 p.m.
  • English Press

ECONOMY

Editorial: Public needs better alerts to cope with power supply problems

The season’s first heat wave has already arrived, prompting the government on June 27 to issue a “power crunch caution” in areas serviced by Tokyo Electric Power Co. (TEPCO).   In a situation where an unexpected, massive blackout cannot be ruled out, saving energy is key to averting such an eventuality.   And to ensure this is done on a….Read more

  • June 29, 2022
  • , The Asahi Shimbun , 5:42 p.m.
  • English Press

ECONOMY

Anger rises over nuclear plants being off amid power shortage

Calls for a stable power supply erupted at electric utilities shareholders’ meetings across Japan on June 28 at a time when consumers have been asked to cut energy usage amid the simmering heat.   “Just asking consumers to cut energy use to ride out the power crisis is not the way a utility is supposed to be run,” said Tokyo Governor Yuriko….Read more

  • June 29, 2022
  • , The Asahi Shimbun , 7:00 p.m.
  • English Press

INTERNATIONAL > Ukraine Crisis

Local media uncertain about viability of proposed price caps on Russian oil

All national papers other than Sankei highlighted the G7 agreement on exploring ways to impose price caps on Russian petroleum in an attempt to limit Moscow’s ability to finance its war in Ukraine, wondering whether it is possible to establish a viable mechanism. According to Asahi, an unnamed senior GOJ official voiced skepticism by saying: “Russia probably will not sell….Read more

  • June 29, 2022
  • , Asahi, Mainichi, Yomiuri, Nikkei
  • JMH Summary

ECONOMY > Energy

Kishida refers to “maximum use of nuclear energy”

Yomiuri wrote that during a press conference in Germany on Tuesday following the conclusion of the G7 summit, Prime Minister Kishida mentioned the importance of reactivating offline atomic reactors swiftly in order to deal with the looming power shortage. “We will use nuclear energy as much as possible by accelerating safety inspections” by the Nuclear Regulation Authority (NRA), the prime….Read more

ECONOMY > Energy

No signs Japan any closer to securing stable electricity supply

The electricity supply is tight and there are no signs the imbalance with demand for power will be resolved anytime soon. The underlying reasons for this situation are the suspension or abolishment of unprofitable thermal power plants and the delayed restart of nuclear power plants.   The biggest reason, however, is the unusually hot weather for June.   On Monday,….Read more

  • June 29, 2022
  • , The Japan News , 6:00 a.m.
  • English Press
  • Ambassador
  • Ukraine
  • OPINION POLLS
  • COVID-19
  • Trending Japan