Current:Home > StocksJapan Plans Floating Wind Turbines for Tsunami-Stricken Fukushima Coast -WealthSync Hub
Japan Plans Floating Wind Turbines for Tsunami-Stricken Fukushima Coast
View
Date:2025-04-13 05:07:56
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, 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! (36)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- Laurent de Brunhoff, Babar heir who created global media empire, dies at 98
- Trump’s social media company to start trading on the Nasdaq on Tuesday
- Navy identifies Florida sailor who died while deployed in Red Sea: He embodied 'selfless character'
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Here's how long you have to keep working to get the most money from Social Security
- Princess Kate revealed she is undergoing treatment for a cancer diagnosis. What is preventative chemotherapy?
- Why Euphoria Season 3 Is Delayed Even Longer
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- This women's sports bar is a game changer in sports entertainment
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Tallulah Willis Candidly Reveals Why She Dissolved Her Facial Fillers
- What do we know about Princess Kate's cancer diagnosis so far? Doctors share insights
- Shannen Doherty applauds Princess Kate for 'strength' amid cancer battle, slams rumors
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- The abortion pill battle is heading to the Supreme Court this week. Here's what to know.
- Your 401(k) has 'room to run.' And it's not all about Fed rate cuts.
- Revenge tour? Purdue is rolling as it overcomes previous March Madness disappointments
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Where will eclipse glasses go after April 8? Here's what experts say about reusing them.
Why Joey King Doesn't Consider Kissing Booth a Stain on Her Resume After Jacob Elordi Comments
Nearly $2 billion is up for grabs as Mega Millions and Powerball jackpots soar
Meta releases AI model to enhance Metaverse experience
How to make tofu (that doesn't suck): Recipes and tips for frying, baking, cooking
'Tig Notaro: Hello Again': Release date, where to watch and stream the new comedy special
Watch Princess Kate's video statement revealing her cancer diagnosis