Japan’s Government Pledges Safer Energy

Amid growing aversion to the use of nuclear energy in Japan, officials calling for the elimination of nuclear arms at anniversary rites in Hiroshima have been obliged to also call for a safer energy policy for the country.

The city was devastated by a US atomic bomb on Aug 6, 1945, in the final days of World War II, with Nagasaki the second city to be hit three days later.

The Hiroshima event yesterday comes nearly 11/2 years after a quake and tsunami triggered a nuclear plant disaster in Fukushima prefecture, releasing massive amounts of radioactive materials.

Speaking at the city’s Peace Memorial Park, Prime Minister Yoshihiko Noda said: “The government will continue to call for the importance of a world free from nuclear weapons and will support activities to hand down the memories of atomic-bomb sufferers beyond borders and generations…”

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Sky Solar Japan to Start Construction on Solar Power Stations

Since Japan formally implemented new Feed-in-Tariffs for the photovoltaic (PV) industry in July 2012, it has seen an overwhelming response and injection in the market. It is expected that with electricity prices of 42 Japanese Yen (approx. 3.36 Chinese Yuan) /kWh, internal rates of return of around 20% can be given to investors. This level of IRR has attracted and tempted many companies to invest in the PV industry either through development or through mergers and acquisition.

As a professional global PV developer, investor and IPP, Sky Solar finds itself in a strong position as the Japanese market strives forward due to years of hard work, commitment and preparation. Sky Solar is now in a position to seize this opportunity and has announced the successful development of several large solar power plants through its Japanese subsidiary, Sky Solar Japan.

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Japan Set To Introduce Landmark Renewable Energy Law

Japan’s parliament is set to approve a landmark bill on renewable energy championed by Prime Minister Naoto Kan as a way to reduce the nation’s dependence on nuclear power following the worst nuclear plant accident in the country’s history, and which would break the monopoly of the 10 major utilities.

The final passage of the bill, which aims to bolster investment in renewable energy, is expected by the end of the month. Ironically, it paves the way for the highly unpopular Kan to step down.

Its main feature is a requirement that utilities purchase power from outside providers such as private companies or cooperatives under certain circumstances. This is seen as opening the door for much greater use of renewable energy, an area where Japan lags, accounting for just 9% of total supply.

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Japan: An Energy Revolution

The Organisation for Economic Cooperation and Development OECD released an updated version of its Monthly Electricity Survey, which tracks trends in electricity production for countries and regions around the world.  The data for Japan are stunning.According to the OECD, Japan produced more electricity in May 2011 than it did in May 2010, but did so with 34% LESS nuclear energy and 1% hydro.  Japan produced 295% more electricity from renewable-energy resources – including geothermal, solar and wind power – in May 2011 than it produced with renewable energy in May 2010.  Wow.

Read the rest of the story: Profile of An Energy Revolution: Japan.