ECONOMY > Energy

  • BOXES
  • LIST

ECONOMY > Energy

Editorial: Japan’s push to extend nuke reactor life past 40 yrs doesn’t add up

The administration of Prime Minister Fumio Kishida has begun considering eliminating the “40-year rule,” or the principle that nuclear reactors should be decommissioned after four decades in service.   Japan’s Nuclear Regulation Authority (NRA), which is responsible for the law enforcing the 40-year principle, has given its blessing to this new policy. The Ministry of Economy, Trade and Industry, in….Read more

ECONOMY > Energy

Japan average pump price down for 4th week

Tokyo, Oct. 13 (Jiji Press)–The average retail price of regular gasoline in Japan as of Tuesday fell 0.4 yen from a week before to 168.7 yen per liter, down for the fourth consecutive week, the industry ministry said Thursday.    The average dropped in 35 prefectures, rose in seven and stayed flat in the remaining five. The highest average was 182.3….Read more

  • October 13, 2022
  • , Jiji Press , 6:14 p.m.
  • English Press

ECONOMY > Energy

ANRE’s unprecedented exchange of views with NRA indicates sense of crisis over delayed nuclear policy

A representative of the Agency for Natural Resources and Energy (ANRE) of the Ministry of Economy, Trade and Industry (METI), which is responsible for promoting the use of nuclear power, attended a meeting of the Nuclear Regulation Authority (NRA) for an unprecedented exchange of opinions. The move was driven by the ANRE’s strong sense of crisis that it can afford….Read more

  • October 6, 2022
  • , Sankei , p. 1
  • JMH Translation

ECONOMY > Energy

60-year cap on nuclear reactor operations to be eliminated 

Nikkei front-paged a METI plan to abolish the present regulation of not allowing nuclear reactors to be in operation for more than 60 years with the goal of securing a stable electricity supply and realizing a decarbonized domestic economy. The ministry has reportedly concluded that the cap on the number of years in operation is no longer necessary as long as the Nuclear….Read more

ECONOMY

Kyushu Electric applies for extension of Sendai nuclear plant to 60 years

Kyushu Electric Power Co. announced on Oct. 12 that it has submitted an application to the Nuclear Regulation Authority requesting that the operating period of its Sendai Nuclear Power Station Units 1 and 2 (Satsumasendai City, Kagoshima Prefecture) be extended beyond 40 years. After a special inspection that began in October 2021 confirmed the integrity of the units, Kyushu Electric….Read more

ECONOMY

Expert: Improve Japan’s energy security with innovative next-generation reactors

By Yamaguchi Akira, Chair of Nuclear Energy Subcommittee, Advisory Committee for Natural Resources and Energy. (Interviewed by Taki Junchi.)   Ensuring energy security lies at the core of Japan’s energy policy.   The primary purpose of Japan’s use of nuclear power has been to secure a stable power source. Nuclear power, along with renewable energy, is a domestically produced power….Read more

  • October 10, 2022
  • , Nikkei , p. 9
  • JMH Translation

ECONOMY

Infographic: Potential for introduction of renewable energies in Japan

  • October 10, 2022
  • , Akahata , p. 14
  • JMH Translation

ECONOMY

METI to position idle thermal power plants as reserve power source

The Ministry of Economy, Trade and Industry (METI) will designate some idle thermal power plants as reserve power sources, and develop a system in FY2023 to prepare for a tight power supply due to natural disasters and disruptions in fuel supply. METI will call for power companies to submit candidate power plants. METI will support power companies in maintaining the….Read more

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

INTERNATIONAL > Ukraine Crisis

Gist of Prime Minister Kishida’s responses to interpellations at Upper House plenary session, Oct. 7, 2022

Rising prices   We will make all-out efforts to tackle rising electricity prices, which all households and companies are facing. We will address the issue by monitoring the burden [on households and companies], comprehensively taking into consideration the fact that gas is procured mostly under long-term contracts and the stability of procurement costs is rather high.   Ukraine   We….Read more

ECONOMY

Japanese cargo ships harness the wind to reduce emissions

KAZUTO SHIMADA, Nikkei staff writer   TOKYO — The Japanese marine shipping industry is latching onto new takes on the wind-blown sail as a way to shrink its carbon footprint. Mitsui O.S.K. Lines unveiled Friday a bulk carrier with a 53-meter-tall “hard sail,” around the height of a 20-story apartment building. The sail converts wind energy into propulsive force, helping….Read more

  • October 8, 2022
  • , Nikkei Asia
  • English Press
  • Ambassador
  • Ukraine
  • OPINION POLLS
  • COVID-19
  • Trending Japan