Tag - electricity

 
 

ELECTRICITY

J-Power's Takasago thermal power plant in Takasago, Hyogo Prefecture in 2022
BUSINESS / Companies
May 10, 2024
J-Power may close up to five coal power plants by fiscal 2030
The company's objective is to slash emissions by 46% from 2013 levels by 2030.
Smokestacks at an Israel Electric Corp power station are seen from the Mediterranean, about 10 kilometers from the coastal Israeli city of Hadera, in 2014.
WORLD
May 2, 2024
Could Israel keep the lights on and water running during regional war?
Israel's energy minister says blackouts and disruptions are unlikely in the country in the case of a multifront war.
A key aspect of AI technology that is often forgotten is that it requires an enormous amount of energy to develop and run. And that’s where utilities come in.
BUSINESS / Tech / FOCUS
Apr 28, 2024
AI boom’s secret winners? The companies expected to power it
Across the U.S., utilities are preparing for historic increases in electricity demand led by data centers and AI.
The Anegasaki gas-fired power station in Chiba Prefecture
BUSINESS
Apr 26, 2024
Rapidly weakening yen threatens higher power bills
Pricier power illustrates the far-reaching impact of the yen’s decline.
Mercuria Energy Group is gearing up to engage in physical power trading in Japan.
BUSINESS / Companies
Apr 5, 2024
Mercuria joins trader push into Japan’s spot electricity market
That follows moves by other European energy companies, including BP and Engie, to expand in one of the biggest power-consuming nations.
Japan’s power supply is expected to be sufficient for both the upcoming summer and winter, according to government forecasts.
BUSINESS / Economy
Apr 2, 2024
Japan forecasts sufficient power for upcoming summer and winter
Japan’s grid has proven fragile in the past, which has sometimes forced the government to ask households and businesses to conserve electricity.
Yoshifumi Murase, commissioner of the industry ministry's Agency for Natural Resources and Energy, (left) meets Niigata Gov. Hideyo Hanazumi on Thursday in Niigata Prefecture in an effort to seek understanding for restarting Tokyo Electric Power Company Holdings' Kashiwazaki-Kariwa nuclear plant.
JAPAN / Politics
Mar 22, 2024
Local support sought for Kashiwazaki-Kariwa nuclear plant restart
A representative from an agency of the industry ministry highlighted the "severe" energy supply situation in eastern Japan.
Vitol, the world's largest independent oil trader, is considering opening an office in Tokyo to trade electricity, sources said.
BUSINESS / Companies
Feb 16, 2024
Vitol considers entering Japan power market with Tokyo office
Japan's power market is attracting more overseas firms due to increased volatility amid shifts away from fossil fuels
Utilities are increasingly controlling power output from renewable energy sources as the share of renewables expands.
JAPAN / FOCUS
Oct 30, 2023
Renewable energy cuts from output controls surge sixfold in Japan
With renewables such as solar power in wider use, output controls aimed at balancing power supply and demand have been used more frequently.
A Jera thermal power plant
BUSINESS / Companies
Oct 6, 2023
Japan climate group calls for ban on top power firm's emission claims
The group says the ads may mislead consumers as Jera fails to mention that the ammonia the utility plans to use would emit CO2 during production.
Idemitsu Kosan's model facility in Yokohama offering an electric vehicle charging service
BUSINESS / Companies
Sep 15, 2023
Japan moves to make more effective use of solar power
Efforts are being made to use surplus electricity generated during the daytime by solar power and to shift power demand according to supply.
Cirebon-1, an 11-year-old coal power station in West Java, Indonesia, is set to close early, sparing the planet millions of tons of carbon dioxide.
BUSINESS / Economy
Aug 16, 2023
Indonesian facility shows cutting coal is a hard sell for banks
The early closure of the Cirebon-1 coal plant could be a decarbonization model for Asia, but big banks have been shy about fueling the transition.
Japan Times
ASIA PACIFIC / ANALYSIS
Jun 23, 2023
Heat waves put Asia's renewable power fleet to the test
Temperatures in parts of the region rose above 40 degrees Celsius in late April, earlier than usual, causing widespread infrastructure damage and power outages.
Japan Times
ASIA PACIFIC / ANALYSIS
Jun 13, 2023
Heat wave lays bare Vietnam's structural electricity woes
The manufacturing hub hosts large factories but has struggled to upgrade its grid, a key step to satisfy demand and lure companies diversifying from China and elsewhere.
Japan Times
BUSINESS / Markets
Jun 8, 2023
European Energy Exchange sees huge growth in Japanese power futures trade this year
Volatility in electricity prices spiked in 2022 following Russia's invasion of Ukraine, delivering a 'wake up call' on the need for hedging.
Japan Times
JAPAN
May 31, 2023
Bill to extend operating period of nuclear plants passes Japan's Upper House
The passage of the bill, which extends the operating period to over 60 years, paves the way for an overhaul of the country's nuclear policy.
Japan Times
BUSINESS / Economy
May 16, 2023
Japan approves up to 42% increase in household electricity prices
Seven of Japan’s major energy providers will raise household their prices from June, in a move likely to add to inflation.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?