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Japan is cancelling coal now :) (Read 2743 times)
DonDeeHippy
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Japan is cancelling coal now :)
Oct 2nd, 2018 at 9:07am
 
https://cleantechnica.com/2018/09/24/this-is-huge-marubeni-shifts-from-coal-to-r...

Marubeni is a name most people have never heard of, yet this enormous Japanese conglomerate is involved in everything from agriculture to mining to global transportation. One part of its business is designing and building coal-fired generating plants for clients around the world. It also owns and operates several coal facilities. Last week, Marubeni made a major announcement on its website.
“Marubeni Corporation recognizes that climate change is a major issue shared by all of humanity. It is a problem that threatens the co-existence of the global environment and society, a problem that has an enormous effect on Marubeni’s business and its shareholders, and a problem that Marubeni believes must be dealt with swiftly. Therefore, as part of Marubeni’s p, romotion of sustainable management, and in order to…fight global climate change, Marubeni has established new business policies regarding its coal-fired power generation business and its renewable energy generation business.
There’s more to the story. According to Quartz, Marubeni intends to cut its ownership of coal-fired generating facilities by 50% before 2030, citing a report by Japanese financial news source Nikkei (paywall). Tim Buckley of the Institute of Energy Economics and Financial Analysis calls the announcement by Marubeni “one of the biggest breaking stories of 2018 in terms of energy transition [away from fossil fuels].”
The company had plans to build more than 13 GW of new coal generating stations but those plans have now gone into the dumpster. Instead, Marubeni will double its investment in renewable energy from 10% of its energy portfolio to 20%. It is collaborating with Jinko Solar on the largest solar power plant in the Middle East — a 1.17 GW solar farm in Abu Dhabi.



Less and less chance that coal power will increase in the world....
for a idea of how much that is... Australia uses about 30gwh and has a capacity of 50gwh so 13gw is a big amount to stop building Smiley

I'm breathing better already. Wink
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lee
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Re: Japan is cancelling coal now :)
Reply #1 - Oct 2nd, 2018 at 11:37am
 
"The new goal will be achieved by selling or transferring some of its coal-fired power assets and not renewing contracts at their time of expiry, a Marubeni spokeswoman said.

But it added that it might consider pursuing coal-fired power projects that adopt the best available technology and are compliant with government policies, leaving leeway for new deals."

https://www.japantimes.co.jp/news/2018/09/19/business/corporate-business/maruben...

Inscrutable these Asians Eh?

BTW - it is one Japanese company, not Japan.
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DonDeeHippy
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Re: Japan is cancelling coal now :)
Reply #2 - Oct 2nd, 2018 at 12:10pm
 
lee wrote on Oct 2nd, 2018 at 11:37am:
"The new goal will be achieved by selling or transferring some of its coal-fired power assets and not renewing contracts at their time of expiry, a Marubeni spokeswoman said.

But it added that it might consider pursuing coal-fired power projects that adopt the best available technology and are compliant with government policies, leaving leeway for new deals."

https://www.japantimes.co.jp/news/2018/09/19/business/corporate-business/maruben...

Inscrutable these Asians Eh?

BTW - it is one Japanese company, not Japan.

your favourite  word isn't it Lee          MIGHT        to make a post look silly  Wink
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Re: Japan is cancelling coal now :)
Reply #3 - Oct 2nd, 2018 at 3:34pm
 
DonDeeHippy wrote on Oct 2nd, 2018 at 12:10pm:
your favourite  word isn't it Lee          MIGHT        to make a post look silly



It doesn't take much to make your post look silly.

Still going with Japan rather than a Japanese Company? Wink

And of course completely ignore the "will be achieved by selling or transferring some of its coal-fired power assets. So some company, probably Japanese will end up owning them.
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Re: Japan is cancelling coal now :)
Reply #4 - Oct 2nd, 2018 at 7:48pm
 
DonDeeHippy wrote on Oct 2nd, 2018 at 12:10pm:
lee wrote on Oct 2nd, 2018 at 11:37am:
"The new goal will be achieved by selling or transferring some of its coal-fired power assets and not renewing contracts at their time of expiry, a Marubeni spokeswoman said.

But it added that it might consider pursuing coal-fired power projects that adopt the best available technology and are compliant with government policies, leaving leeway for new deals."

https://www.japantimes.co.jp/news/2018/09/19/business/corporate-business/maruben...

Inscrutable these Asians Eh?

BTW - it is one Japanese company, not Japan.

your favourite  word isn't it Lee          MIGHT        to make a post look silly  Wink


It's straight out of his 101 AGW skeptics manual Wink
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Re: Japan is cancelling coal now :)
Reply #5 - Oct 2nd, 2018 at 8:58pm
 
DonDeeHippy wrote on Oct 2nd, 2018 at 9:07am:
https://cleantechnica.com/2018/09/24/this-is-huge-marubeni-shifts-from-coal-to-r...

Marubeni is a name most people have never heard of, yet this enormous Japanese conglomerate is involved in everything from agriculture to mining to global transportation. One part of its business is designing and building coal-fired generating plants for clients around the world. It also owns and operates several coal facilities. Last week, Marubeni made a major announcement on its website.
“Marubeni Corporation recognizes that climate change is a major issue shared by all of humanity. It is a problem that threatens the co-existence of the global environment and society, a problem that has an enormous effect on Marubeni’s business and its shareholders, and a problem that Marubeni believes must be dealt with swiftly. Therefore, as part of Marubeni’s p, romotion of sustainable management, and in order to…fight global climate change, Marubeni has established new business policies regarding its coal-fired power generation business and its renewable energy generation business.
There’s more to the story. According to Quartz, Marubeni intends to cut its ownership of coal-fired generating facilities by 50% before 2030, citing a report by Japanese financial news source Nikkei (paywall). Tim Buckley of the Institute of Energy Economics and Financial Analysis calls the announcement by Marubeni “one of the biggest breaking stories of 2018 in terms of energy transition [away from fossil fuels].”
The company had plans to build more than 13 GW of new coal generating stations but those plans have now gone into the dumpster. Instead, Marubeni will double its investment in renewable energy from 10% of its energy portfolio to 20%. It is collaborating with Jinko Solar on the largest solar power plant in the Middle East — a 1.17 GW solar farm in Abu Dhabi.



Less and less chance that coal power will increase in the world....
for a idea of how much that is... Australia uses about 30gwh and has a capacity of 50gwh so 13gw is a big amount to stop building Smiley

I'm breathing better already. Wink

Sure you haven't got any typos in that last sentence?!!?
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DonDeeHippy
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Re: Japan is cancelling coal now :)
Reply #6 - Feb 7th, 2019 at 10:12am
 
[url]https://cleantechnica.com/2019/02/05/japanese-energy-companies-scrap-2-gigawatt-
coal-project/
[/url]
Three Japanese energy companies announced last week that they have decided to scrap plans to build a 2 gigawatt (GW) coal-fired power station in the Chiba Prefecture, near Tokyo, saying that the project would not be economically feasible.

This follows a similar decision a month ago announced by Japanese electric utility Chugoku Electric Power and steel manufacturer JFE Steel to scrap plans to build a 1,070 megawatt (MW) coal-fired power plant, also in Chiba, and also citing the fact the project would not be economically feasible.

Japan was one of the countries that coal Lovers where quoting as a country that was building new Stations.... A few months ago another Japanese company scarped plans to build a bunch as well.....
No they will have to look at china and some 3rd world countries for salvation. Wink Wink
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Re: Japan is cancelling coal now :)
Reply #7 - Feb 7th, 2019 at 1:52pm
 
DonDeeHippy wrote on Feb 7th, 2019 at 10:12am:
No they will have to look at china and some 3rd world countries for salvation.



You mean the one's China is already building in third world countries as well as at home? Wink

But I wonder what they are going to use? it is not as if there is plenty of room in Japan for wind turbines ad solar panels.
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Re: Japan is cancelling coal now :)
Reply #8 - Feb 7th, 2019 at 2:43pm
 
Japan has a l o n g way to go ... but they are heading in the right direction:


Japan plans shift toward renewable energy, planning for first time to cut plutonium stockpile
KYODO, STAFF REPORT

JUL 3, 2018

Japan will shift further toward renewable energy and cut dependence on fossil fuels and nuclear power, according to the country’s energy plan approved Tuesday by the Cabinet.


Ahead of the automatic July renewal of the U.S.-Japan agreement on the peaceful use of nuclear energy, the plan for a medium- to long-term energy policy also mentioned that Japan will work to reduce its plutonium stockpile for the first time.

The increased focus on renewables under the 2015 Paris climate accord underscores the nation’s daunting challenge to reduce greenhouse gas emissions drastically in the years ahead.

The government, which updates the energy plan roughly every three years, kept its goals the same for its mix of energy sources in fiscal 2030 but did not give specific numbers for fiscal 2050 — the year when it has to clear its specific commitment in fighting global warming.

Toward 2030, the government aims to have renewables account for 22 to 24 percent, fossil fuels 56 percent and nuclear power 20 to 22 percent of the country’s electricity generation, the energy plan showed.

With its 2016 energy self-sufficiency ratio below 10 percent, resource-poor Japan needs to secure stable energy supplies for economic activity and national security while also ensuring the safety of nuclear power generation following the 2011 Fukushima accident.

The country also needs to accelerate efforts to fight global warming, now that it has set the goal of achieving an 80 percent cut in greenhouse gas emissions in fiscal 2050 from 2013 levels.

The energy plan calls for supporting the development of a sustainable market for renewables, such as solar, wind and geothermal power, and encourages the use of hydrogen.

Placing a priority on safety, the nation will cut dependence on nuclear power generation “as much as possible,” the energy plan said.

Still, it also acknowledged that nuclear power is one of the viable choices to achieve a shift away from using coal and other fossil fuels and cut greenhouse gas emissions.

Much of the country’s nuclear power plants have been taken offline since the Fukushima disaster. The administration of Prime Minister Shinzo Abe is seeking to restart plants that have cleared safety checks.

The Japan-U.S. nuclear pact currently enables Japan to continue its spent-fuel reprocessing program for 30 years to July 2018.

Spent fuel from nuclear reactors is reprocessed to extract uranium and plutonium, which is then recycled into fuel called mixed oxide, or MOX, for use in fast-breeder reactors or conventional nuclear reactors.

In a June 21st open letter to International Atomic Energy Agency Director General Yukiya Amano that expressed concern about the management of plutonium stocks, three anti-nuclear groups said efforts to restart nuclear reactors, especially those that use MOX fuel, to meet the long-term energy goal for nuclear power were unrealistic.

“Our analysis over recent years, and to the present, indicates that Japan will fail to meet its nuclear restart target of 30 gigawatts by 2030 by a wide margin. Many more nuclear reactors are likely to be decommissioned” in the coming years joining the 17 that have been declared such since 2011, said a letter jointly signed by Hideyuki Ban, co-director of Citizens’ Nuclear Information Center, Aileen Mioko Smith, director, Green Action, and Shaun Burnie, a senior nuclear specialist at Greenpeace Germany.

“In addition to the four reactors that have resumed operation with partial MOX fuel cores, it is uncertain how many of the remaining six reactors that have received MOX approval will actually restart during the next 10 years. They are all confronted with multiple challenges, including seismic faults, as well as legal and political opposition,” the letter added.

https://www.japantimes.co.jp/news/2018/07/03/national/tokyo-eyes-renewable-energ...



...
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Re: Japan is cancelling coal now :)
Reply #9 - Feb 7th, 2019 at 3:50pm
 
Captain Nemo wrote on Feb 7th, 2019 at 2:43pm:
The government, which updates the energy plan roughly every three years, kept its goals the same for its mix of energy sources in fiscal 2030 but did not give specific numbers for fiscal 2050 — the year when it has to clear its specific commitment in fighting global warming.


So the Japanese get a free pass to 2050, China to 2030.

Japan per capita 7,819KWh or 7.819MWh. So something less than 7 people's power consumption from PV.
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Re: Japan is cancelling coal now :)
Reply #10 - Feb 7th, 2019 at 4:12pm
 
Oh, BTW ... there are moves for more floating Solar farms... saves land which is somewhat less plentiful in Japan and has the bonus of cooling the solar panels to improve efficiency.


Damn clever these Japanese.  Cool
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Re: Japan is cancelling coal now :)
Reply #11 - Feb 7th, 2019 at 4:46pm
 
Yes. Floating solar farms should help navigation of waterways, oceans.
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Re: Japan is cancelling coal now :)
Reply #12 - Feb 7th, 2019 at 4:49pm
 
Mr. Negativity Lee hard at work still ...
Wailing
...
wailing
...
wailing
....
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Re: Japan is cancelling coal now :)
Reply #13 - Feb 7th, 2019 at 4:52pm
 
Perhaps you would care to explain how a seagoing nation would get around floating solar farms. You have seen pictures of solar farms in Australia.

Please try to make a cogent argument.
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Re: Japan is cancelling coal now :)
Reply #14 - Feb 7th, 2019 at 5:02pm
 
Don't have to be all at sea over your denial Lee ...

Hmm ... what other bodies of water might be suitable?  Huh


Hmm ... that's a tough one!*  Undecided



*Ever heard of lakes?
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