Tag Archives: Japan

Japan will provide investment subsidies of a total of $1.3 billion (210 billion Japanese yen) over five years to companies using only clean power, as the world’s fifth biggest carbon dioxide emitter looks to bolster renewable energy usage. The funds will be available for five years beginning in the 2026 …

The Niigata prefecture parliament today voted to restart Japan’s largest nuclear power plant, Kashiwasaki-Kariwa, fourteen years after the Fukushima nuclear disaster that saw the country shut down 54 reactors. The regional vote is the latest step in a long process to revive nuclear energy in resource-poor Japan to reduce its …

Japan’s JAPEX has struck a deal to buy shale oil and gas asset owner Verdad Resources Intermediate Holdings for $1.3 billion, Reuters has reported, adding the company will finance the deal with a combination of cash and debt. Verdad Resources Intermediate Holdings has assets in Wyoming and Colorado, which currently …

Japanese power company J-Power has announced plans to close two units at a thermal coal power plant by the end of fiscal 2028 as part of its commitment to reduce emissions and achieve carbon neutrality by 2050. J-Power will retire Units 1 and 2 at the Takasago Thermal Power Station …

Some of Japan’s biggest utilities believe that they would be able to find alternative gas supply in case they are no longer able to import Russian LNG, executives said this week, following U.S. pressure that Japan and other U.S. allies stop imports of Russian energy. Japan imports Russian LNG from …

Japan’s newly elected Prime Minister, Sanae Takaichi, favors accelerating the restart of nuclear reactors as a way to reduce the G7 economy’s dependence on energy imports. As part of its decarbonization plans, Japan has made a U-turn in nuclear energy policy and plans to rely more on nuclear reactors for …

Japan will base any decisions about energy imports on its national interests, the country’s trade minister Yoji Muto has said, following suggestions from the Trump administration that Japan suspends all purchases of Russian oil and gas. “Since the invasion of Ukraine, Japan has been steadily reducing its dependence on Russian …

Japan just became the second country in the world to launch a commercial-scale osmotic energy plant, a big win for the little-known form of clean energy generation that first broke ground in Denmark. While osmotic energy is nascent and its testing grounds remain limited, it has big potential – The …

Japan joins the EU in cutting the price cap on purchases of Russian oil to $47.60 per barrel, in a move effective Friday and aimed at punishing Russia over the war in Ukraine, yet unlikely to affect any Japanese purchases. Japan lowered the price cap from the $60 per barrel …

Japan has reportedly tapped global consultancy Wood Mackenzie to study the long-proposed Alaska LNG pipeline and export terminal, signaling Tokyo is taking a closer look at whether to back a $44 billion megaproject long championed by Washington. Two sources with direct knowledge told Reuters the assessment aims to reassure wary …