Japan Needs New Nuclear to Hit Green Goals, Power Sector Says

Japan
  • Retiring reactors will need to be replaced: utility group
  • Government to revise its energy strategy in the next year

Japan will need new nuclear power plants to meet its 2050 net zero goal, according to nation’s main electricity utilities.

At least some reactors scheduled to retire by the mid-century will have to be replaced with newer units, Toshiharu Sasaki, vice chairman of the Federation of Electric Power Companies of Japan, which represents major utilities, said Tuesday.

“There’s consensus now building that nuclear is necessary,” Sasaki told the Japan Atomic Industrial Forum’s annual conference in Tokyo. “The issue is the volume — as data centers and IT facilities are set up, they consume more electricity.”

New reactors are needed to help reduce dependence on costly fossil fuel imports and to help boost economic competitiveness, he said. The government should also include more precise guidance on the role of nuclear as it revises the nation’s energy mix targets.

Prime Minister Fumio Kishida has been promoting the restart of Japan’s idled reactors, but hasn’t yet set policies to encourage the construction of new plants. Japan’s existing target is for nuclear to account for as much as 22% of the power mix by 2030, from less than 10% today.

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About Stu Turley 3367 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.