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2019-04-05 10:10:00

JAPAN'S RENEWABLE WILL UP

JAPAN'S RENEWABLE WILL UP

REUTERS - JERA Co, Japan's biggest power generation company, plans to increase its renewable energy investment to 5 gigawatts (GW) of capacity by 2025, up from 650 megawatts now and an increase over an earlier target of 3 GW, it said on Tuesday

JERA aims to spend 70 percent of its investment budget for the next seven years on renewable energy and liquefied natural gas (LNG), it said.

JERA will also consider phasing out inefficient coal-fired power plants.

The company, the world's biggest buyer of LNG, aims to buy and sell 35 million tonnes of the fuel a year by 2025.

JERA announced its investment plans after assuming control of the power assets of stakeholders Tepco Electric Power and Chubu Electric Power.

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Earlier:

 

 LNG U.S. ACCELERATION
2019, March, 15, 10:30:00

LNG U.S. ACCELERATION

Exports of liquefied natural gas (LNG) from the U.S. continue to rise, as the use of natural gas for power generation increases in countries such as China, South Korea, Japan, and Mexico.

 
 JAPAN'S COAL UPDOWN
2019, February, 13, 12:05:00

JAPAN'S COAL UPDOWN

JAPANTODAY - the Japanese government has shifted toward coal, with the construction of 50 new coal-fired power stations planned across the country since 2012.

 
 RUSSIA SANCTIONS ISN'T OBSTACLE
2019, February, 11, 10:35:00

RUSSIA SANCTIONS ISN'T OBSTACLE

PLATTS - "Imports of Russian crude oil and LNG do not go through any chokepoints such as the Strait of Hormuz. Therefore they are important for the diversification of Japan's energy import sources, and I hope that Russia will play an even larger role. I would like to continue working to expand our cooperation," Seko said.

 
 AUSTRALIA'S LNG UP
2019, February, 8, 11:30:00

AUSTRALIA'S LNG UP

PLATTS - LNG exports from Australia's east coast rose 9% month on month to 1.93 million mt in January, buoyed by strong sales to China and Japan, data from the Gladstone Ports Corporation showed Thursday.

 
 RUSSIAN LNG FOR ASIA
2019, January, 14, 11:25:00

RUSSIAN LNG FOR ASIA

BLOOMBERG - Russia’s Novatek PJSC is looking at storing liquefied natural gas produced in the Arctic on Japan’s southern island of Kyushu so it can better meet spot demand from China and cut shipping costs.

 
 JAPAN'S NUCLEAR RECONSTRUCTION: $17 BLN
2019, January, 4, 11:30:00

JAPAN'S NUCLEAR RECONSTRUCTION: $17 BLN

ASAHI - At least 1.9 trillion yen ($17.12 billion) will be needed for the planned scrapping of 79 nuclear facilities, including the failed Monju prototype fast-breeder reactor, according to the Japan Atomic Energy Agency (JAEA).

 
 JAPAN, U.S. NUCLEAR COOPERATION
2018, November, 16, 09:05:00

JAPAN, U.S. NUCLEAR COOPERATION

WNN - The countries intend to cooperate in areas including nuclear research and development, including innovative reactors. They plan to discuss mid- to long-term planning to create private sector-led innovation, as well as encourage the private sector and university researchers to develop advanced reactors.

 

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Tags: JAPAN, RENEWABLE, ENERGY, POWER
Chronicle:
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