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ECONOMY > Energy

Japan to lobby oil producers to increase output

All national dailies said Prime Minister Kishida instructed cabinet ministers on Monday to work with the IEA and other organizations to urge petroleum producing countries to increase their output amid the global spike in oil prices. Noting that gasoline prices are now at their highest level in almost seven years, the premier asked the officials to come up with measures….Read more

  • October 19, 2021
  • , All national papers
  • JMH Summary

POLITICS

Japan’s PM Kishida visits crippled Fukushima nuclear power plant

Tokyo—Prime Minister Fumio Kishida on Sunday visited the crippled Fukushima Daiichi nuclear power plant for the first time since taking office to inspect progress in decommissioning it.   Kishida told executives of the plant’s operator, Tokyo Electric Power Company Holdings Inc., that decommissioning is a “prerequisite for reconstruction” of Japan’s northeastern region, devastated by a magnitude-9.0 earthquake, tsunami and subsequent nuclear….Read more

SCIENCE > Environment

Hydrogen extracted from water on larger scale

A group of researchers in Japan has safely obtained high-purity hydrogen from water in an unprecedentedly large-scale experiment by using a photocatalytic substance.   A photocatalyst causes and accelerates the splitting of water into hydrogen and oxygen by absorbing sunlight.   In contrast to fossil fuel, hydrogen does not emit carbon dioxide when being burned. The gas is considered a….Read more

  • October 17, 2021
  • , NHK WORLD , 1:31 a.m.
  • English Press

ECONOMY > Energy

Higher LNG prices may impact electricity costs

Prices of liquefied natural gas are more than 10 times more expensive than a year ago. An unexpectedly cold winter may force Japanese power companies to buy large amounts for spot prices, which could push up the cost of electricity.   Asian spot prices hit a new record on October 6. China’s shift from fossil fuels to LNG, which emits….Read more

  • October 17, 2021
  • , NHK WORLD
  • English Press

ECONOMY > Energy

Mihama No. 3 reactor to halt on Oct. 23 in four months after restart

The No. 3 reactor of Kansai Electric Power Co.’s Mihama nuclear power station (Mihama Town, Fukui Prefecture) will suspend operations on Oct. 23 due to the delayed construction of anti-terrorism facilities. The reactor restarted operations in June. It is the first power station in operation over 40 years. It will resume operations after the facilities are completed in Oct. 2022.….Read more

  • October 14, 2021
  • , Nikkei , p. 18
  • JMH Translation

POLITICS

Nuclear hawks under Kishida threaten Suga’s renewables push

Pro-nuclear lawmakers now hold key positions under Prime Minister Fumio Kishida, sparking concern that he will stray from the prior administration’s focus on renewables to help achieve “net zero” greenhouse gas emissions by 2050.   New ministers in charge of Japan’s efforts to fight climate change and energy issues under the Kishida administration have vowed to stick with the net zero target.….Read more

  • October 14, 2021
  • , The Asahi Shimbun , 4:55 p.m.
  • English Press

ECONOMY > Energy

LNG resale restrictions decreasing in Japan

The resale of liquefied natural gas (LNG) intended for consumption in Japan to other countries is becoming easier. The Japan Oil, Gas and Metals National Corporation (JOGMEC) released its survey results, which say contracts with resale restrictions made up 71% of trade volume through 2017 but have dropped to account for only 23% today. The reduction was achieved thanks to….Read more

  • October 12, 2021
  • , Nikkei , p. 5
  • JMH Translation

ECONOMY > Economic Indicators

Japan average pump price highest in 7 years

Tokyo, Oct. 13 (Jiji Press)–The average retail price of regular gasoline in Japan as of Monday came to 162.1 yen per liter, the highest level since October 2014, the industry ministry said Wednesday.     The average pump price rose 2.1 yen from a week before to mark the sixth straight week of increase, reflecting soaring crude oil prices traced to….Read more

  • October 13, 2021
  • , Jiji Press , 5:46 p.m.
  • English Press

POLITICS

Japan needs secret patents to guard national security: LDP’s Amari

TOKYO — Japan needs a way to keep patents with national security implications from being made public, the ruling Liberal Democratic Party’s new secretary-general told Nikkei on Tuesday, bringing intellectual property into Prime Minister Fumio Kishida’s economic security push.   This should be included in economic security legislation set to be submitted to parliament in 2022, Akira Amari said, warning….Read more

  • October 13, 2021
  • , Nikkei Asia , 4:56 a.m.
  • English Press

POLITICS

Climate for change? Japan’s net zero goal tests PM Kishida’s will

MITSURU OBE, Nikkei staff writer   TOKYO — Eneos, Japan’s largest oil company, has a plan to withstand the shift away from fossil fuels. It includes doing laundry.   The company runs 13,000 gas stations, more than 40% of the country’s total. At a growing number of them, motorists stopping for a fill-up can also drop off their clothes for….Read more

  • October 12, 2021
  • , Nikkei Asia , 6:00 a.m.
  • English Press
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