Tag - energy

 
 

ENERGY

Sumitomo Corp. President Shingo Ueno speaks during an interview at the company's head office in Tokyo on Tuesday.
BUSINESS / Companies
Jul 1, 2024
Sumitomo looks to tap U.S. shale boom despite exiting production
The company will seek to boost sales of pipelines used in U.S. shale fields.
Wind turbines near New Brighton, England. According to the International Energy Agency, Japan could produce over 900% of its energy demand with offshore wind alone.
ENVIRONMENT / Energy / OUR PLANET
Jun 30, 2024
Japan looks farther out to sea for overdue wind power boost
A bill enabling development in the country's exclusive economic zone is seen as key to Japan achieving carbon neutrality by 2050.
The central government will provide subsidies to slash electricity and city gas bills of ¥4 per kilowatt-hour of electricity and ¥17.5 per cubic meter of city gas.
JAPAN
Jun 29, 2024
Japan to offer average of ¥2,125 per month in subsidies for utility bills
The move is designed to cushion the impact of rising prices on households in the summer, which is expected to be among the hottest on record.
The No. 4 and No. 5 units of Jera's Hekinan thermal power station in Aichi Prefecture on March 13
BUSINESS / Companies
Jun 26, 2024
Jera ends ammonia co-firing trial with positive results
The firm said that nitrogen oxides levels were no higher than when firing coal alone.
Reactors Nos. 3 and 4 of the Oi nuclear power plant in Oi, Fukui Prefecture
JAPAN
Jun 26, 2024
Japan's nuclear watchdog OKs extension of Kansai Electric's Oi plant
It is the first time for the nuclear regulator to approve a long-term facility management plan based on the green transformation law.
Turbines at a wind farm in Suttsu, Hokkaido. A renewable energy initiative called on Japan to triple its capacity of clean electricity.
BUSINESS / Economy
Jun 25, 2024
Japan urged to triple renewables capacity by 2035
The world's fourth-largest economy is heavily reliant on fossil fuels
A wind farm in Koriyama, Fukushima Prefecture. For Japan's future energy roadmap to center on clean sources, the government should reform the institutions overseeing energy policy to avoid vested interests from slowing the transition down.
COMMENTARY / Japan
Jun 24, 2024
It’s time for Japan to set up a climate change agency
The government is currently reviewing Japan's Strategic Energy Plan. But who's shaping this key document for the future? It's mostly older men with vested interests.
Seiji Izumisawa, president of Mitsubishi Heavy Industries, says the firm is almost finished designing its next-generation nuclear reactor.
BUSINESS / Companies
Jun 24, 2024
Mitsubishi Heavy moving closer to building new reactor in Japan
The firm can start building the facility once a site for it is established and some late-stage tests are completed.
Tokyo Electric Power Company Holdings' Kashiwazaki-Kariwa nuclear power station in Kashiwazaki, Niigata Prefecture, in November 2022. The plant was shuttered in the wake of the 2011 Fukushima disaster, and has sat idle since.
JAPAN
Jun 23, 2024
World’s largest nuclear plant sits idle while energy needs soar
The Kashiwazaki-Kariwa plant has the potential capacity to power more than 13 million households.
The energy transition in coal-dependent emerging nations like the Philippines will determine the success of global efforts to hit net zero targets and curb the worst impacts of climate change.
ASIA PACIFIC / Society
Jun 22, 2024
Philippines emerges as Southeast Asia renewable power pacesetter
The energy transition in coal-dependent emerging nations like the Philippines will determine the success of global efforts to hit net zero targets.
A view of the Unit 4 reactor of Tianwan Nuclear Power Plant in Lianyungang, Jiangsu province, China, in 2018
BUSINESS
Jun 17, 2024
U.S. as many as 15 years behind China on nuclear power, report says
Beijing's state-backed technology approach and extensive financing give it the edge over its rival, the study by the Information Technology & Innovation Foundation said.
Microsoft Japan President Miki Tsusaka
BUSINESS / Companies
Jun 17, 2024
Microsoft’s Japan chief sees country accelerating its use of AI
Microsoft Japan President Miki Tsukasa sees AI as an inevitable and revolutionary new part of tech.
Muons can penetrate dense materials, even bedrock several kilometers thick, and therefore are used for internal inspections for volcanos and pyramids, as well as the reactors at the tsunami-crippled Fukushima No. 1 nuclear power station.
JAPAN
Jun 16, 2024
Japan team succeeds in muon reacceleration in major breakthrough
Muons have characteristics similar to those of electrons but have a mass some 200 times greater.
Environmental activists from the group Extinction Rebellion demonstrate outside the media center set up for the Group of Seven leaders' summit, in Bari, Italy, on Friday.
ENVIRONMENT / Climate change
Jun 15, 2024
Experts and activists slam 'pointless' G7 on climate
The Group of Seven rich democracies was assailed for having failed to deliver significant new progress on climate during a summit in Italy.
A nuclear power plant in Crystal River, Florida. While the public have warmed to nuclear in recent years, spiraling project costs have made private equity cautious.
BUSINESS
Jun 15, 2024
Building nuclear power is a bridge too far for world’s private investors
While the public have warmed to nuclear in recent years, spiraling project costs have made private equity cautious.
A hydrogen storage tank with an under-construction green hydrogen compressor at a liquid fuels facility in Sasolburg, South Africa.
BUSINESS / Companies
Jun 13, 2024
South Africa’s biggest green-hydrogen project woos Japanese investors
If approved, the plant will use 3,700 megawatts of renewable power generation capacity to split water to produce 1 million tons of hydrogen a year.
Toshiba Vice President Koji Ikeya says the company will aim to boost profitability by investing about ¥50 billion in fiscal 2026.
BUSINESS
Jun 13, 2024
Toshiba to double investments in power and defense business
The Japanese electronics and machinery maker will aim to boost profitability by investing about ¥50 billion in fiscal 2026.
A Saudi Aramco logo outside an oil storage tank at the Juaymah tank farm at the firm's Ras Tanura oil refinery and terminal at Ras Tanura, Saudi Arabia, in October 2018
BUSINESS / Markets
Jun 10, 2024
Saudis said to hand about 60% of Aramco offer to foreign investors
The firm's stock sale generated strong demand from the U.S. and Europe, sources said.
Some major world economies want to finalize a plan ahead of this year's U.N. climate summit to halt new private sector funding for coal projects.
ENVIRONMENT / Climate change
Jun 8, 2024
Major world economies seek to halt new private sector coal financing
The biggest pushback on the OECD proposal to halt new private sector funding for coal projects has come from Japan, sources said.
The effort by the United Kingdom, France and Germany to ramp up pressure was also visible this week at the International Atomic Energy Agency, where they successfully pushed a resolution critical of Iran despite U.S. reservations.
WORLD / Politics
Jun 7, 2024
Europeans detail Iran's nuclear violations in diplomatic gambit
The move by Britain, France and Germany is said to be aimed at pressuring Tehran into resolving the issue diplomatically.

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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?