Yokohama, Japan
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 36-38p
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
