Japan is the land the energy transition forgot

Japan is the land the energy transition forgot
The country is the third-biggest solar generator in the world, yet its electricity prices are still high. (Image: Bloomberg)
Bloomberg
By David Fickling After a tsunami triggered a meltdown at the Fukushima Daiichi nuclear reactor in 2011, the world’s third- and fourth-largest exporters decided on radical changes to their energy policies. Both agreed that a break was needed from the grids of the past. In every other way, the approaches couldn’t have been more different.Japan shut down its nuclear sector almost immediately, and made up most of the difference by burning more coal. Germany announced a slower nuclear phaseout, along with support for the nasce...

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