Coal is anticipated to outshine gas and become country’s largest power generator within the next three years, as power utilities are replacing aging nuclear capacity with fossil fuel, according to Bloomberg.
Shifting its focus on coal, Japan is also interested in investing in Pakistan’s Lakhra coal projects and the country will participate in the processes needed for coal production in order to meet its target goal and become more dependent on coal as the nation’s biggest source of energy, The Express Tribune wrote.
Even with the greater reliance on coal, the country will likely meet its 2030 emission reduction target for the power sector due to a drop in power demand. Tokyo aims to reduce its emissions by 34% by 2030 – compared with the 2013 levels of emissions – by eliminating oil-fired generation and increasing clean energy.
However, the government’s aim for zero-emission sources to account for 44% electricity generation in 2030 is unlikely to be attained without imposing new policies.
Before the 2011 Fukushima disaster, nuclear power accounted for approximately 29% of Japan’s total energy production. By 2023, it will be responsible for no more than 13.6% of the country’s total power, and by 2040, it is anticipated to fall down to just 1.2%, according to a report released by Bloomberg New Energy Finance.