Japan's hydrogen energy market could reach ¥8 trillion by 2050, government report says
The market for hydrogen energy in Japan is projected to expand to ¥1 trillion in 2030 and reach ¥8 trillion in 2050, with research and development accelerating for a form of energy said to be environmentally friendly, a government-affiliated body said Wednesday. In its first ...
Orix plans to build as many as 15 geothermal plants in Japan
Orix Corp. plans to build as many as 15 geothermal power stations in Japan over the next five years. The Tokyo-based finance and leasing company, which has been developing solar and biomass projects, is conducting geological surveys in Hokkaido and Aomori Prefecture, spokeswoman Tamaki Shibata ...
China, India may hinder U.S. steps on warming
U.S. President Barack Obama is set to take his boldest step to halt the rise of the oceans and stop the warming of the planet. But it won't be enough unless the rest of the world follows. Trimming carbon emissions from U.S. power plants by ...
IHI sees future for small geothermal projects amid clean energy boom
IHI Corp. expects the market for small geothermal projects to take off in Japan as it seeks cleaner sources of energy. The Tokyo-based company has developed a 20-kilowatt generator capable of turning hot water into electricity that can be set up in as little as ...
President Barack Obama on Friday announced steps to increase the use of solar panels, boost energy efficiency in federal buildings and train more people to work in the field of renewable energy. "It's the right thing to do for the planet," Obama said, standing in ...
SoftBank Corp. is considering investing in an offshore wind power plant project, further expanding its renewable energy business, sources said Wednesday. A SoftBank subsidiary, SB Energy Corp., is in talks to acquire a minority share of Wind Power Energy, the developer of a 90-megawatt wind ...
Shift to green energy would barely slow growth, U.N. report says
A radical shift from fossil fuels to low-carbon energy would slow world economic growth by only a tiny fraction every year, a new draft U.N. report on tackling global warming said on Friday. Many governments had complained that an earlier draft was not clear in ...
The government of Prime Minister Shinzo Abe's final version of a draft energy report reinforces the role of nuclear power in the country's future, but falls short of setting specific goals for renewable energy use. The policy describes nuclear power as "an important base-load energy ...
Shimane assembly rejects citizens' call to phase out nuclear power
The prefectural assembly in Shimane Prefecture, which hosts a Chugoku Electric Power Co. nuclear power plant, has rejected an ordinance backed by more than 80,000 citizens calling for nuclear power to be phased out in the prefecture. Critics say it is regrettable that the motion ...
Japan should make disaster the mother of invention
In the decades since World War II ended, Japan has repeatedly demonstrated its technological genius. So why does it treat the 3-year-old Fukushima nuclear tragedy as a farce by pushing to reopen many of its 48 commercial reactors instead of driving to achieve sustainable ...
General Electric Co. considers Japan ripe for new investment in wind power as the resource-poor country diversifies energy supply in light of the Fukushima disaster. The U.S. company has developed a 2.85-megawatt turbine for Japan that can withstand conditions unique to the country. It can ...
