Japan targets 40-50% power supply from renewable energy by 2040

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Japan targets 40-50% power supply from renewable energy by 2040 - Channel News Asia

Quick Summary:

TOKYO : Japan wants renewable energy to account for up to 50 per cent of its electricity mix by fiscal year 2040 with nuclear power taking up another 20 per cent, according to a draft of its revised basic energy policy, as it makes a clean energy push while meeting rising power demand.

As the world's second-largest importer of liquefied natural gas and a major consumer of Middle Eastern oil, Japan and its basic energy plans are drawing global attention from oil, gas and coal producers.

FILE PHOTO: Solar panels are seen at a solar power facility as snow covered Mount Fuji is background in Nakai town, Kanagawa prefecture, Japan, March 1, 2016.