Renewables will account for more than a third of power generation from April 2030 as LNG and coal take a back seat
A security officer stands guard in Tokyo, Japan, July 19, 2021. Picture: REUTERS/NAOKI OGURA
Renewable energy, which includes solar, wind and hydropower, should account for more than a third of the nation’s power generation by the fiscal year starting April 2030, according to a draft report released on Wednesday. That’s up from its previous target of less than a quarter. Hydrogen was also added to the mix for the first time.
The revised energy plan is part of Prime Minister Yoshihide Suga’s pledge to hit net-zero emissions by 2050. It’s also become increasingly cost effective to shift to cleaner sources of energy, with the share of renewable power in Japan nearly doubling over the past decade due to strong government support for solar and a steeper-than-expected decline in costs.
Earlier this year, Japan strengthened its 2030 Paris Agreement goals, raising its target to reduce greenhouse gas emissions to 46% by 2030 from 2013 levels, up from its previous aim of 26%.
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