Current:Home > StocksJapan Plans Floating Wind Turbines for Tsunami-Stricken Fukushima Coast -WealthMindset
Japan Plans Floating Wind Turbines for Tsunami-Stricken Fukushima Coast
View
Date:2025-04-12 01:22:41
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! (953)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Horoscopes Today, December 6, 2023
- Police: Suspect dead amid reports of multiple victims in shooting at University of Nevada, Las Vegas
- Taylor Swift is named Time Magazine’s person of the year
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Massachusetts woman wins $25 million scratch-off game 17 years after winning $1 million
- Amazon’s internal plans to advance its interests in California are laid bare in leaked memo
- A former Ukrainian lawmaker who fled to Russia found shot dead outside of Moscow
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Washington’s center of gravity on immigration has shifted to the right
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Australian Parliament rushes through laws that could see detention of freed dangerous migrants
- Death of Florida plastic surgeon's wife under investigation after procedures at husband's practice
- Air Force Reserve staff sergeant arrested on felony charges for role in the Jan. 6 Capitol riot
- Federal hiring is about to get the Trump treatment
- Slow down! As deaths and injuries mount, new calls for technology to reduce speeding
- Europe was set to lead the world on AI regulation. But can leaders reach a deal?
- A group of Norwegian unions says it will act against Tesla in solidarity with its Swedish colleagues
Recommendation
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
UN climate talks near end of first week with progress on some fronts, but fossil fuels lurk
Police: Suspect dead amid reports of multiple victims in shooting at University of Nevada, Las Vegas
Von Miller still 'part of the team' and available to play vs Chiefs, Bills GM says
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
He changed television forever. Why we all owe thanks to the genius of Norman Lear.
Facebook parent sued by New Mexico alleging it has failed to shield children from predators
The Suite Life of Zack & Cody's Kim Rhodes Says Dylan Sprouse Refused to Say Fat Joke on Set