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...

More Energy

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
Energy squeeze just gets tighter
Energy

Energy squeeze just gets tighter

Near-term future wholesale electricity prices rise above $400 per megawatt hour.

Ian Llewellyn 26 Jul 2024
SOE wanted to close NZ's only gas trading platform immediately
Markets

SOE wanted to close NZ's only gas trading platform immediately

Transpower said the closure would make no difference; the sector disagreed.

Ian Llewellyn 24 Jul 2024
ForBarr downgrades Genesis on gas uncertainty
Markets

ForBarr downgrades Genesis on gas uncertainty

The company faced the greatest challenges in the sector. 

Ian Llewellyn 23 Jul 2024