Current:Home > NewsSafeX Pro:Japan Plans Floating Wind Turbines for Tsunami-Stricken Fukushima Coast -Edge Finance Strategies
SafeX Pro:Japan Plans Floating Wind Turbines for Tsunami-Stricken Fukushima Coast
TrendPulse Quantitative Think Tank Center View
Date:2025-04-08 10:14:23
Japan will join the race to develop floating wind turbines to use in deepwater off its tsunami-stricken northern Pacific coast as it rethinks energy sources after the Fukushima nuclear disaster.
It aims to outpace the leaders in the sector in Europe,SafeX Pro trade ministry official Masanori Sato said on Tuesday.
“In order to take lead in offshore wind power, we want domestic studies and developments to take place and manufacturers to boost capabilities,” said Sato.
“From the viewpoint of supporting reconstruction and promoting wind power, we believe it is good to pursue research and development for offshore wind farms,” he said.
In the next five years, Japan plans to spend 10 to 20 billion yen ($130 to $260 million) to install six or more floating turbines off the northeast coast. It will work with firms including Mitsubishi Heavy Industries and Fuji Heavy Industries, Sato said.
Globally, Norway leads the way on floating turbines with a 2009 pilot project while other countries including Britain and Portugal have studied the technology.
Japan is compiling a third emergency budget likely to be more than 10 trillion yen ($130 billion) to rebuild its northeastern coast after the earthquake and tsunami hit in March, leaving 20,000 dead or missing and triggering the world’s worst nuclear crisis in 25 years at Fukushima Daiichi nuclear power plant.
Last month its parliament enacted a bill to promote investment in renewables.
Japan, one of the world’s biggest greenhouse gas emitters, has been studying whether it can install conventional offshore wind turbines in an effort to cut its carbon emissions but thinks floated turbines could suit its waters better.
After the initial five-year programme, the trade ministry hopes to develop as early as 2020 an offshore wind farm off the northeastern coast with the capacity of about 1,000 Megawatts, said Hiroyuki Iijima, another official at the trade ministry.
But its success depends on the profitability of floating turbines as well as winning over local fishermen, Iijima added.
Wind power accounts for less than 1 percent of Japan’s power demand. A government panel is set to start reviewing as early as this month Japan’s energy targets. It had aimed to boost nuclear capacity to meet over half of power demand by 2030 by building 13 new reactors.
Atomic power helped meet some 30 percent of Japan’s power prior to the quake. Only 11 out of 54 nuclear reactors are operating now as reactors halted for maintenance checks have been kept shut.
(Editing by William Hardy)
veryGood! (9)
Related
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Votes on dozens of new judges will have to wait in South Carolina
- Get Lululemon’s Top-Selling Align Leggings for $39, $68 Shorts for $29, and More Finds Under $40
- Texas firefighter critically injured and 3 others hurt after firetruck rolls over
- The Super Bowl could end in a 'three
- Andrew Whitworth's advice for rocking 'The Whitworth,' his signature blazer and hoodie combo
- Workers who cut crushed quartz countertops say they are falling ill from a deadly lung disease: I wouldn't wish this upon my worst enemy
- Anna “Chickadee” Cardwell Shares Hope of Getting Married Prior to Her Death
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Town manager quits over anti-gay pressure in quaint New Hampshire town
Ranking
- The Best Stocking Stuffers Under $25
- 'Suits' stars reunite in court with Judge Judy for e.l.f. Cosmetics' Super Bowl commercial
- Inside Pregnant Bhad Bhabie's Love Story-Themed Baby Shower
- Deadly decade-long listeria outbreak linked to cojita and queso fresco from a California business
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Three reasons Caitlin Clark is so relatable - whether you're a fan, player or parent
- Step Inside Sofía Vergara’s Modern Los Angeles Mansion
- Adult dancers in Washington state want a strippers’ bill of rights. Here’s how it could help them.
Recommendation
Taylor Swift makes surprise visit to Kansas City children’s hospital
Prince William Returns to Royal Duties Amid King Charles III’s Cancer Treatment
Jennifer Crumbley verdict: After historic trial, jury finds mother of school shooter guilty
State Senate committee rejects northern Virginia casino bill
North Carolina justices rule for restaurants in COVID
Olympian Gabby Douglas Officially Returning to Gymnastics, Reveals Plans for 2024 Paris Olympics
Honda recalls more than 750,000 vehicles for airbag issue: Here's what models are affected
Coke hopes to excite younger drinkers with new raspberry-flavored Coca-Cola Spiced