Japan

Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan. 16. The group said worldwide investment in renewables was $282.2 billion last year, up 1% from $280.2 billion in 2018. Financing of offshore wind projects, […]

The past 10 years have been filled with trials and tribulations for both the nuclear and coal power industries. From accidents to plant closures there has been little to cheer about. Still, nuclear and coal power continue to provide reliable baseload generation to billions of customers around the globe. Here’s a look back at the […]

Global emissions of carbon dioxide (CO2) from coal-fired power plants and industrial facilities fell in 2019, according to research published Dec. 3, though overall emissions of CO2 rose due to the increased use of natural gas and oil for power generation and other industrial processes. The new emissions figures were reported by the Global Carbon Project […]

Japan has been witnessing an upsurge in the number of companies showing interest in its fledgling offshore wind sector, says GlobalData, a leading data and analytics company. GlobalData’s research reveals that the Japanese offshore market presently stands at a miniscule 68 megawatt (MW). However, 770 MW of capacity is in the pipeline across four projects, […]

Research from the University of Tokyo, along with that of two other groups, shows Japan’s coal-fired power plant fleet is at economic risk as the country adds more generation from renewable energy resources such as solar and wind. The report, called “Land of the Rising Sun and Offshore Wind,” released Oct. 6 and based on […]

Hydrogen is emerging as a formidable player in the energy transition, owing to its potential to decarbonize a range of sectors and its versatility. According to a June 2019–released report prepared for the G20 by the International Energy Agency (IEA) and the government of Japan, 76% of dedicated hydrogen produced today (around 70 metric tons) […]

Japan’s government this June adopted a new energy white paper that suggests the country must rely on a larger share of nuclear and renewables to slash its carbon emissions and meet its target of a 26%

Duke Energy this week said it has a definitive agreement to sell a minority interest in part of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund and John Hancock Life Insurance Company. Duke in an April 24 release said the interest is valued […]

A German business magazine reports that Siemens is exploring options for its struggling gas turbine business, and could look to form a joint venture with Japan’s Mitsubishi Heavy Industries (MHI). Manager Magazin on March 21 said Siemens “wants to accommodate the large turbine business of the Japanese Mitsubishi Group and in the future hold only a […]

The chief executive of Vistra Energy Corp. last week said coal is not likely to regain market share in the U.S. power market. Curtis Morgan, in a panel discussion March 14 at the CERAWeek event in Houston, Texas, said “coal is on its way out. More and more plants are being retired.” It’s not the […]