The Japan Times - Japan to boost coal-fired power as Mideast war causes energy turmoil

EUR -
AED 4.223936
AFN 72.459626
ALL 95.625923
AMD 433.015565
ANG 2.058868
AOA 1054.6893
ARS 1573.442377
AUD 1.671004
AWG 2.073149
AZN 1.957174
BAM 1.949
BBD 2.31292
BDT 140.907151
BGN 1.965965
BHD 0.433612
BIF 3411.091117
BMD 1.150152
BND 1.475761
BOB 7.953251
BRL 6.066823
BSD 1.148339
BTN 108.22499
BWP 15.790486
BYN 3.448588
BYR 22542.981659
BZD 2.309631
CAD 1.595226
CDF 2628.673947
CHF 0.917781
CLF 0.027129
CLP 1071.20497
CNY 7.949219
CNH 7.961301
COP 4243.440261
CRC 532.405408
CUC 1.150152
CUP 30.479031
CVE 109.886384
CZK 24.543729
DJF 204.496733
DKK 7.471395
DOP 69.233629
DZD 153.151704
EGP 60.730105
ERN 17.252282
ETB 177.477381
FJD 2.596354
FKP 0.861536
GBP 0.866352
GEL 3.099699
GGP 0.861536
GHS 12.555521
GIP 0.861536
GMD 84.537027
GNF 10067.175447
GTQ 8.785881
GYD 240.259646
HKD 9.009154
HNL 30.492755
HRK 7.529588
HTG 150.386802
HUF 390.636538
IDR 19530.733242
ILS 3.626901
IMP 0.861536
INR 108.962994
IQD 1504.398841
IRR 1510494.78673
ISK 143.400945
JEP 0.861536
JMD 180.479324
JOD 0.815453
JPY 183.863271
KES 149.39231
KGS 100.581391
KHR 4598.695285
KMF 491.115256
KPW 1035.238473
KRW 1738.77706
KWD 0.354177
KYD 0.957028
KZT 553.221334
LAK 24803.949548
LBP 102835.542724
LKR 361.157941
LRD 210.747529
LSL 19.64576
LTL 3.3961
LVL 0.695715
LYD 7.333064
MAD 10.72219
MDL 20.170398
MGA 4786.031084
MKD 61.591028
MMK 2418.239118
MNT 4117.532138
MOP 9.253891
MRU 45.806993
MUR 53.792604
MVR 17.781399
MWK 1991.240041
MXN 20.757992
MYR 4.615582
MZN 73.506528
NAD 19.64559
NGN 1590.925147
NIO 42.259434
NOK 11.177719
NPR 173.13788
NZD 1.999338
OMR 0.442229
PAB 1.148393
PEN 3.974399
PGK 4.962341
PHP 69.616981
PKR 320.584138
PLN 4.287508
PYG 7517.412308
QAR 4.187644
RON 5.097707
RSD 117.436278
RUB 93.944831
RWF 1676.954344
SAR 4.316005
SBD 9.249494
SCR 15.489295
SDG 691.241518
SEK 10.8734
SGD 1.481515
SHP 0.862912
SLE 28.23633
SLL 24118.127446
SOS 656.270335
SRD 43.202003
STD 23805.826849
STN 24.413125
SVC 10.048591
SYP 127.12204
SZL 19.643428
THB 37.852681
TJS 10.991021
TMT 4.037034
TND 3.379315
TOP 2.76929
TRY 51.134901
TTD 7.794399
TWD 36.818899
TZS 2963.351973
UAH 50.389743
UGX 4272.205731
USD 1.150152
UYU 46.560385
UZS 13988.074066
VES 535.99176
VND 30292.131604
VUV 137.681472
WST 3.168478
XAF 653.639515
XAG 0.017026
XAU 0.00026
XCD 3.108344
XCG 2.069707
XDR 0.812918
XOF 653.645178
XPF 119.331742
YER 274.483923
ZAR 19.79199
ZMK 10352.747435
ZMW 21.560744
ZWL 370.348515
  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    -0.8200

    15.24

    -5.38%

  • CMSC

    -0.0900

    22.82

    -0.39%

  • BCC

    -0.3600

    74.29

    -0.48%

  • NGG

    -1.8900

    82.4

    -2.29%

  • RIO

    -1.7500

    85.79

    -2.04%

  • GSK

    -0.7600

    53.94

    -1.41%

  • AZN

    -3.7400

    183.4

    -2.04%

  • RELX

    -0.4000

    32.07

    -1.25%

  • BTI

    -0.1900

    58.26

    -0.33%

  • BCE

    -0.0200

    25.47

    -0.08%

  • CMSD

    0.0700

    22.75

    +0.31%

  • VOD

    -0.0900

    14.63

    -0.62%

  • JRI

    -0.0300

    12.07

    -0.25%

  • BP

    0.7600

    46.17

    +1.65%

Japan to boost coal-fired power as Mideast war causes energy turmoil
Japan to boost coal-fired power as Mideast war causes energy turmoil / Photo: Kazuhiro NOGI - AFP

Japan to boost coal-fired power as Mideast war causes energy turmoil

Japan's government plans to temporarily lift restrictions on coal-fired power plants as it seeks to ease an energy crunch caused by the Middle East war, officials said on Friday.

Text size:

Officials presented the plan at a meeting of a panel of experts, who approved the proposal, the industry ministry said on its website.

"Given the current situation in the Middle East affecting fuel prices, we believe that uncertainty regarding future LNG procurement is increasing," an industry ministry official said at the meeting, which was broadcast online.

"We think it will be necessary, by increasing the operation of coal-fired power plants, to... ensure the reliability of stable supply," he said.

Power suppliers have previously been required to keep the operating rate of coal-fired thermal power stations that emit large amounts of carbon dioxide at or below 50 percent.

But the government now intends to allow the full operation of older, less efficient coal-fired plants, for a year from the new fiscal year starting April, according to the plan presented at the meeting.

Japan relies on thermal power plants to generate around 70 percent of its electricity needs, with coal constituting 30 percent of their fuel.

Liquefied natural gas (LNG) accounts for another 30 percent, and oil comprises seven percent.

The emergency measure to boost reliance on coal is estimated to "result in an LNG savings effect of approximately 500,000 tonnes", the official added.

But Yoko Mulholland of climate think-tank E3G told AFP that the plans to lift coal power restrictions "deepen the risk that Japan will not meet its goal of phasing out inefficient coal plants by 2030".

Not only threatening climate health, the move can also "lock Japan into a vicious cycle of fossil-fuel dependence" and delay progress toward Prime Minister Sanae Takaichi's stated goal of 100 percent domestic energy self-sufficiency, she said.

"This crisis has laid bare the risks of relying on imported fossil fuels, and now is the time for Japan to shift course to fully embrace renewable energy as a strategic national asset."

Since the Middle East war prompted Iran to partially close the crucial Strait of Hormuz trade route and target energy facilities in the Gulf, many Asian nations have pivoted towards coal to power their economies.

South Korea plans to lift a cap on coal-powered generation capacity while also increasing nuclear plant operations.

The Philippines also intended to boost the output of its coal-fired power plants to keep electricity costs down as the war wreaks havoc with gas shipments.

Japan is the fifth-biggest importer of oil with more than 90 percent of it coming from the Middle East.

Around 10 percent of its LNG imports are also from the region.

Tokyo purchases nearly 80 percent of its coal imports from Australia and Indonesia, according to the Agency for Natural Resources and Energy.

Japan on Thursday said it had also started to release another part of its strategic oil reserves, as it faced supply challenges to its oil imports.

M.Saito--JT