Japan considers scaling back LNG use

Global LNG demand might not reach previously forecast heights this decade as Tokyo mulls an increased role for renewables

Japan's government has published a new draft energy plan for 2030 that envisages more renewable power, reduced gas and coal-fired generation, as well as steady nuclear targets as the country seeks to meet its 2050 decarbonisation goals. The revised draft anticipates renewables becoming by far the country’s single largest energy source by 2030, whereas previous plans placed renewables third—below LNG and coal. But it is not clear when the revised plans—which were published by the Resources and Energy Study group subcommittee of the powerful Ministry for Economy, Trade and Industry (Meti)—might become official policy. Tokyo now wants to give “top priority to renewable energy” to reach 36-3

Welcome to the PE Media Network

In 2021 Petroleum Economist is joined by Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

Want to read more?

Please choose from one of the following options:

Already registered?
Click here to log in Subscribe now
to get full access to PE + HE + TE editorial and data Register now
to receive our newsletters and unlock up to three articles per month for free Any questions?
Contact us

Comments

{{ comment.comment.Name }} Editor • {{ comment.timeAgo }}

Also in this section

Beijing strives to balance security and decarbonisation

15 October 2021

The ongoing global energy crunch underlines the difficult task facing China’s leaders in balancing energy supply security while reaching net zero in the next 40 years

Occidental exits Ghana

15 October 2021

The US super-indie is divesting its assets in the country

Gran Tierra cranks up the gears

14 October 2021

Midstream takeaway has returned to normal in Colombia, paving the way for production growth opportunities