2020-12-04 12:20:00
JAPAN'S CARBON NEUTRALITY
ENERDATA - 3 Dec 2020 - As part of its growth strategy, Japan will ramp up investment in technologies to tackle climate change, such as renewable energy, hydrogen fuel and carbon recycling. The plan targets 30 GW of offshore wind capacity by 2040. In October 2020, the Japanese government presented a plan to achieve carbon neutrality by 2050. To cut greenhouse gases (GHG) emissions to zero by 2050, the country will invest in new solar cells and carbon recycling, intensifying research and development in those areas, and digitalise its economy. In addition, Japan will have to start decommissioning coal power plants and will also stop building and financing new coal power plants in Japan and overseas. The government's latest Energy White Paper (2020) aims to raise the share of renewables in the power mix to 22-24% (including hydropower) in 2030, with plans to make renewables Japan's main power source by 2050.
According to a group of Japanese lawmakers, which intend to submit a proposal to the government by end-2020, renewables should account for close to half of Japan's power mix in 2030 (up from 18% in fiscal year 2019-2020 ending in March 2020), while the share of fossil fuels should decrease to less than 50%, from the current 76% in fiscal year 2019-2020.
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Earlier:
2020, December, 1, 13:15:00
RENEWABLE HEATING & COOLING
Heating and cooling based on renewable energy has emerged as an urgent priority for countries striving to meet climate goals and build resilient, sustainable economies.
2020, November, 27, 11:30:00
SAUDI ARABIA'S CARBON CONCEPTION
The circular carbon economy concept has been endorsed by G20 member states but has yet to be put into practice, and the kingdom has not revealed any timelines or targets associated with the plan.
2020, November, 27, 11:25:00
JAPAN'S NIKKEI UP TO 26 644,71
Nikkei rose 0.41% to close at 26,644.71. The index has gained 15.96% this month, and is on track for its best performance since January 1994. The broader Topix rose 0.47% to hit a 25-month high at 1,786.52.
2020, November, 24, 12:10:00
CANADA'S ZERO EMISSIONS 2050
Canada targeted an 80% reduction in GHG emissions by 2050 compared to 2005 levels.
2020, November, 20, 13:25:00
GAZPROM FOR EUROPE'S DECARBONIZATION
Particular attention was paid to the role and significance of natural gas as a green energy source in the context of Europe's decarbonization policy goals.
2020, November, 16, 12:30:00
ENERGY TRANSITION FOR COAL
The pressure on Energy Solution Providers has been building for quite some time. Instead of backing coal, new finance is getting behind renewable energy and putting shareholder pressure on forcing decisions on those still involved in the fossil fuel areas.
2020, November, 11, 14:25:00
JAPAN LNG PRICES UP
The average contract price for spot LNG cargoes shipped to Japan in October rose to $6 per million British thermal units (mmBtu)
Chronicle:
2022, June, 28, 11:44:00
6TH ANNUAL LNG SUMMIT USA
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2022, June, 28, 11:43:00
9TH INTERNATIONAL LNG CONGRESS LNGCON 2023
9th International LNG Congress (LNGCON 2023) 6-7 March, 2023
Link to the Congress website: https://bit.ly/3tXVmr7
2022, June, 28, 11:40:00
S.KOREAN NUCLEAR SUPPORT
South Korea’s new president, Yoon Suk-yeol, said on 22 June that in order to rebuild the nuclear industry that was “devastated by the previous administration”, the government will allocate KRW92.5 billion ($70 million) from the energy budget for the restoration of nuclear power generation capacity.
2022, June, 28, 11:35:00
U.S. SMR FOR ROMANIA
Romanian company Nuclearelectrica and NuScale will cooperate with the US Trade and Development Agency (USTDA) on a series of engineering and design activities and studies, as well further technical analyses of the Doicești site, a former thermal power plant site which has been identified as a potential location for the SMR plant.
2022, June, 28, 11:30:00
U.S. SOLAR POWER 25%
US Energy Information Administration reports a capacity factor of 25% for solar generation.
2022, June, 28, 11:25:00
AUSTRALIAN SMART ENERGY
As energy is of national importance, a national policy, national rules and regulations are necessary. At the same time, we are facing massive changes in the energy sector.
2022, June, 27, 11:45:49
OIL PRICE: BRENT NEAR $113, WTI ABOVE $107
Brent edged down 8 cents to $113.04 a barrel , WTI was at $107.38 a barrel, down 24 cents.