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ECONOMY > Energy

Cartoon: Toward a dark future

INTERNATIONAL > East Asia & Pacific

Tohoku Electric inks a contract with Russia on LNG purchase

On Sept. 30, Tohoku Electric Power Co. announced that it has inked a deal with the new operator of Russia’s “Sakhalin-2” for the purchase of liquefied natural gas (LNG). The utility will purchase 420,000 tons of LNG a year, which accounts for about 10% of the utility’s total imports, through 2029. The contract was sealed on Sept. 28.   The….Read more

  • October 1, 2022
  • , Yomiuri , p. 9
  • JMH Translation

ECONOMY > Energy

LDP Hagiuda eager to curb rise in electricity rates

Tokyo, Oct. 2 (Jiji Press)–Japanese ruling party executive Koichi Hagiuda on Sunday underscored the need to curb a rise in electricity rates in the country.   “Household electricity bills are rising about 20 pct, so we may need to reduce the size of the growth at least by about half,” Hagiuda, policy chief of the Liberal Democratic Party, said in….Read more

  • October 2, 2022
  • , Jiji Press , 12;40 p.m.
  • English Press

SCIENCE > Environment

Japan eyes domestic production of SAF

The government on Friday took a step toward domestic production of sustainable aviation fuel (SAF) by establishing a working group involving more than 10 companies, including petroleum and chemical manufacturers.   The Ministry of Land, Infrastructure, Transport and Tourism expert group will strive to create a cooperative framework to obtain international certification for the fuel and begin production in fiscal….Read more

  • October 1, 2022
  • , The Japan News , 2:25 p.m.
  • English Press

ECONOMY

GOJ to come up with strategy for nuclear fusion generation next spring

Nikkei reported on Saturday that the GOJ held the inaugural meeting of a blue-ribbon panel on Friday aimed at accelerating the development of nuclear fusion power generation. The paper said the panel, which consists of members of the National Institutes for Quantum Science and Technology and members of the Federation of Electric Power Companies, will draw up in the spring….Read more

ECONOMY > Energy

Japan govt to provide financial support to LNG purchases

Tokyo, Sept. 29 (Jiji Press)–The Japanese government will provide electricity and gas firms with low-interest loans to help them purchase liquefied natural gas, officials said Thursday.   The loans from the government-affiliated Japan Bank for International Cooperation are intended to ensure stable LNG supply in the country going into winter, at a time when an LNG procurement race is intensifying….Read more

  • September 29, 2022
  • , Jiji Press , 11:31 p.m.
  • English Press

ECONOMY

Japan reaches deal on emergency LNG supplies from Petronas

By JUNTARO ARAI, Nikkei staff writer   TOKYO — Japan has signed a memorandum of cooperation with Malaysian state oil giant Petronas with an eye on obtaining liquefied natural gas during a supply crunch or another emergency, as Tokyo prepares for the global competition for the fuel to grow as winter approaches.   Japan’s Ministry of Economy, Trade and Industry….Read more

  • September 30, 2022
  • , Nikkei Asia , 01:42 a.m.
  • English Press

ECONOMY

Japan’s Mitsubishi Heavy to develop safer nuclear reactor

By Nikkei staff writers   TOKYO — Mitsubishi Heavy Industries will work with four local power utilities, including Kansai Electric power, to develop a nuclear reactor with enhanced safety features.   As the Japanese government considers deploying next-generation nuclear power plants, Mitsubishi Heavy announced on Thursday that it plans to develop an innovative light-water reactor based on existing units of….Read more

  • September 29, 2022
  • , Nikkei Asia , 3:44 p.m.
  • English Press

ECONOMY

Hitachi and GE to develop safer reactor, learning from Fukushima

By YOICHIRO HIROI, Nikkei staff wri   TOKYO — Hitachi and General Electric will design a nuclear reactor that addresses safety issues that contributed to the 2011 accident at Japan’s Fukushima Daiichi plant, Nikkei has learned.   GE Hitachi Nuclear Energy, a joint venture of the Japanese and U.S. industrial giants, is developing an advanced light-water reactor based on the same technology as the….Read more

  • September 30, 2022
  • , Nikkei Asia , 00:12 a.m.
  • English Press

ECONOMY > Energy

Mitsubishi Heavy to develop new nuclear reactor for use in 2030s  

All national dailies except Asahi wrote that Mitsubishi Heavy Industries announced on Thursday that with four major Japanese power companies it will develop an advanced light-water reactor, a new type of pressurized water reactor, or PWR, deemed safer than existing models, and plans to put it into use in the mid-2030s. The papers wrote that the plan follows the GOJ….Read more

  • September 30, 2022
  • , Mainichi, Yomiuri, Nikkei, Sankei
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