, Japan

Japan to banish nuclear energy by 2040

Japan will shut down its nuclear energy sector by 2040, ending a heavy reliance on a power source that provided a third of its energy until 2011.

The country’s renunciation of nuclear power is a victory for anti-nuclear activists and environmentalists who were galvanized into action by the Fukushima nuclear power plant disaster of March 2011.

“The government will introduce every possible policy resource that would enable nuclear power generation to be at zero during the 2030s,” according to a government report.

Japan first plans to close reactors that are over 40 years old. It will not build any new nuclear reactors and will only restart existing reactors if they pass standards issued by a new regulatory agency.

The decision announced Sept.14 comes 18 months after the Fukushima Daiichi meltdown resulted in the world’s worst atomic accident since Chernobyl in 1986.

Japan, however, is paying a heavy price for abandoning nuclear power. It is now heavily dependent on Middle East oil and has been forced to increase imports to make up the energy shortfall since Fukushima.

A policy paper released by the government last week recommended Japan make greater use of renewable energy and take further energy saving measures, including the use of smart metering. It also said Japan should look to cheaper procurement of liquefied natural gas and other fossil fuels, including shale gas.


 

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!