Current:Home > StocksJapan Plans Floating Wind Turbines for Tsunami-Stricken Fukushima Coast -MoneySpot
Japan Plans Floating Wind Turbines for Tsunami-Stricken Fukushima Coast
View
Date:2025-04-16 17:10:39
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! (4844)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Kim Kardashian Proves She's a Rare Gem With Blinding Diamond Look
- German government advisers see only modest economic growth next year
- Illinois Senate approves plan to allow new nuclear reactors
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Joel Madden Shares Rare Insight Into Family Life With Queen Nicole Richie and Their 2 Kids
- Who has surprised in 2023: Charting how the NFL power rankings have shifted this season
- Timbaland apologizes for Britney Spears 'muzzle' comment: 'You have a voice'
- US appeals court rejects Nasdaq’s diversity rules for company boards
- A bear stole a Taco Bell delivery order from a Florida family's porch — and then he came again for the soda
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- A man looking for his estranged uncle found him in America's largest public cemetery
- Lacey Chabert's Gretchen Wieners is 'giving 2004' in new Walmart 'Mean Girls' ad
- Ohio legalizes marijuana, joining nearly half the US: See the states where weed is legal
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- 'Friends' Thanksgiving episodes, definitively ranked, from Chandler in a box to Brad Pitt
- One of America's largest mall operators to close shopping centers on Thanksgiving Day
- Tallulah Willis Shares Why Her Family Has Been So Candid About Dad Bruce Willis' Health
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Is Travis Kelce Traveling to South America for Taylor Swift's Tour? He Says...
Are Americans burned out on dating apps?
Met Gala announces 2024 theme and no, it's not Disney-related: Everything we know
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
NYC mayor retains lawyer in federal fundraising probe, but plays down concern
Effort to remove Michigan GOP chair builds momentum as infighting and debt plague party
Israel says it will maintain “overall security responsibility” for Gaza. What might that look like?