Current:Home > InvestTradeEdge Exchange:Japan Plans Floating Wind Turbines for Tsunami-Stricken Fukushima Coast -Capitatum
TradeEdge Exchange:Japan Plans Floating Wind Turbines for Tsunami-Stricken Fukushima Coast
PredictIQ View
Date:2025-04-06 10:49:23
Japan will join the race to develop floating wind turbines to use in deepwater off its tsunami-stricken northern Pacific coast as it rethinks energy sources after the Fukushima nuclear disaster.
It aims to outpace the leaders in the sector in Europe,TradeEdge Exchange trade ministry official Masanori Sato said on Tuesday.
“In order to take lead in offshore wind power, we want domestic studies and developments to take place and manufacturers to boost capabilities,” said Sato.
“From the viewpoint of supporting reconstruction and promoting wind power, we believe it is good to pursue research and development for offshore wind farms,” he said.
In the next five years, Japan plans to spend 10 to 20 billion yen ($130 to $260 million) to install six or more floating turbines off the northeast coast. It will work with firms including Mitsubishi Heavy Industries and Fuji Heavy Industries, Sato said.
Globally, Norway leads the way on floating turbines with a 2009 pilot project while other countries including Britain and Portugal have studied the technology.
Japan is compiling a third emergency budget likely to be more than 10 trillion yen ($130 billion) to rebuild its northeastern coast after the earthquake and tsunami hit in March, leaving 20,000 dead or missing and triggering the world’s worst nuclear crisis in 25 years at Fukushima Daiichi nuclear power plant.
Last month its parliament enacted a bill to promote investment in renewables.
Japan, one of the world’s biggest greenhouse gas emitters, has been studying whether it can install conventional offshore wind turbines in an effort to cut its carbon emissions but thinks floated turbines could suit its waters better.
After the initial five-year programme, the trade ministry hopes to develop as early as 2020 an offshore wind farm off the northeastern coast with the capacity of about 1,000 Megawatts, said Hiroyuki Iijima, another official at the trade ministry.
But its success depends on the profitability of floating turbines as well as winning over local fishermen, Iijima added.
Wind power accounts for less than 1 percent of Japan’s power demand. A government panel is set to start reviewing as early as this month Japan’s energy targets. It had aimed to boost nuclear capacity to meet over half of power demand by 2030 by building 13 new reactors.
Atomic power helped meet some 30 percent of Japan’s power prior to the quake. Only 11 out of 54 nuclear reactors are operating now as reactors halted for maintenance checks have been kept shut.
(Editing by William Hardy)
veryGood! (515)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- The key question about fiery crash at Tokyo airport: Did one or both planes have OK to use runway?
- Exploding toilet at a Dunkin' store in Florida left a customer filthy and injured, lawsuit claims
- Where the Republican presidential candidates stand on the economy
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Police say there has been a shooting at a high school in Perry, Iowa; extent of injuries unclear
- Putin speeds up a citizenship path for foreigners who enlist in the Russian military
- New Jersey police seek killer of a Muslim cleric outside Newark mosque
- Former Syrian official arrested in California who oversaw prison charged with torture
- Travis Barker and Alabama Barker Get “Tatted Together” During Father-Daughter Night
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- See Every Bachelor Nation Star Who Made Gerry Turner and Theresa Nist's Wedding Guest List
- PGA Tour starts a new year that feels like the old one. There’s more to golf than just the golf
- MetLife Stadium to remove 1,740 seats for 2026 World Cup, officials hoping to host final
- Trump wants to turn the clock on daylight saving time
- Police in Kenya follow lion footprints from abandoned motorcycle, find dead man
- Sierra Leone’s former president charged with treason for alleged involvement in failed coup attempt
- Evansville state Rep. Ryan Hatfield won’t seek reelection to run for judge
Recommendation
Meet first time Grammy nominee Charley Crockett
Nick Carter says he's 'completely heartbroken' over sister Bobbie Jean's death: 'She is finally at peace'
The (Pretty Short) List of EVs That Qualify for a $7,500 Tax Credit in 2024
New Jersey police seek killer of a Muslim cleric outside Newark mosque
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Strike kills 12 people, mostly children, in Gaza area declared safe zone by Israel
Wisconsin redistricting consultants to be paid up to $100,000 each
The AP Top 25 remains a college basketball mainstay after 75 years of evolution