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Japan: energy plan through 2050

in ASIA by

Japan will accelerate the development of renewable energy and keep its current policy of lowering its dependence on nuclear power as it aims for a low-carbon society, a government panel report on the country’s energy plan through 2050 showed Tuesday. The long-term policy comes as Japan lags behind the global trend to invest in renewables. The most recent targets set out in 2015 seek to have renewable sources account for 22 to 24 percent and nuclear 20 to 22 percent of electric power generation in fiscal 2030. Under the 2015 Paris climate accord, Japan aims for an 80 percent cut in greenhouse gas emissions by 2050 from 2013 levels. The report acknowledged that while there have been global movements to phase out nuclear power following the Fukushima crisis, efforts have also been made to enhance the “safety, economic feasibility and mobility” of nuclear power generation. As for thermal power generation, the report said it will remain a major power source in 2050 but inefficient coal plants should be phased out with more focus on gas plants. 

National Energy Strategy in Albania, Edi Rama’s ambition

in EUROPE by

During the presentation of the National Energy Strategy, Prime Minister Edi Rama brought to the attention the collapse in this sector a few years ago and the achievements in recent years. According to Rama, the government made the important transformation in every respect, ranging from establishing legality in the energy sector and transforming the company from a risky asset to an asset that is estimated today day after day. Regarding the energy market, Rama stressed that a courageous liberalization process was undertaken, while it is foresees that in the space of a few years Albania has a 100 per cent open energy market.

According to him, it will create a new atmosphere in the relationship between consumers and energy distribution sector, leading to a degree the company’s efficiency. Rama concluded saying that Albania has started work and by end of the year albanians are ready to offer citizens the opportunity to partecipate as shareholders with the ambition that next year the company will turn into a company where the mass participation of citizens as shareholders will have a mutual benefit.

Iraq will continue to receive electricity supply from Iran for one more year

in MIDLE EAST/PRESS RELEASE by

Iraq will continue to receive from Iran electricity supply for one more year, the Iraqi electricity ministry said in a statement on Wednesday. The agreement came during recent meetings in Baghdad between Iraqi electricity minister Qassem al-Fahdawi and his Iranian counterpart, Mohammad Shariatmadari. Both parties agreed to extend the supply contract for one more year through the current four active supply lines. Iraq currently imports 1000 megawatts from Iran. Iran is supplying parts of Iraq electricity for past several years and this caused electricity crisis to be reduced in some cities, specially the neighboring cities of Iran.

‘Let’s talk’: Japan hopes low-key strategy averts U.S. trade flare-up

in AMERICAS/ECONOMY/ENERGY/POLITICS by

Economic talks between the United States and Japan, tackling topics from persimmons and potatoes to energy and infrastructure, have helped keep Tokyo clear of protectionist moves such as those that recently hit Chinese solar panels and South Korean washers. Japan hopes that “let’s talk” approach – plus warm personal ties between Prime Minister Shinzo Abe and President Donald Trump – will keep friction in check. But officials and lawmakers say the outlook could change if the unpredictable U.S. leader turns his attention to Tokyo’s 7 trillion yen ($63.62 billion)trade surplus ahead of U.S. congressional elections in November. Also efforts to showcase the U.S.-Japan security alliance in the face of North Korea’s nuclear and missile threats will probably take precedence over trade when U.S. Vice President Mike Pence visits Japan from Tuesday, officials on both sides said.

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