Japan’s JERA, Kobe Steel Launch Gas, Coal Fired Power Plants

Japan’s biggest power generator JERA and its third largest steelmaker Kobe Steel announced they launched two power plants, a natural gas fired and a coal fired, respectively. The announcements came as Japan have been facing tight power capacity while trying to meet its net zero emissions target by 2050. The country has started to add ammonia to coal-fired plants to reduce emissions and looking for other options, as environmental groups criticize the government for building more fossil fuel-fired power plants.

JERA, one of the world’s largest buyers of LNG, said on Wednesday its new gas-fired unit at Anegasaki thermal power station near Tokyo has a generating capacity of 650 MW.

The company plans to launch two more new units at the same site in April and August.

Meanwhile, Kobe Steel, has also said it launched its coal-fired unit 4 with a capacity of 650 MW at Kobe power station near Osaka, to supply Kansai Electric Power Co.

Japan, one of the world’s biggest energy importers, is looking to ramp up domestic production of cleaner fuels, including ammonia and hydrogen, while developing carbon capture projects, as it moves towards its goal to reach carbon neutrality by 2050, on par with other developed nations.

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now

Do you need to access special insights on this matter?

Start your 7-day free trial  and become a member today

Subscribe to Top Insights Today

Subscribe to Executive Newsletter Top Insights Today

The Executive Newsletter -Top Insights Today- puts global business events in perspective through special insights

Join the ranks of global executives and subscribe to Top Insights Today

Top Insights Today covers insights on energy, clean-tech, oil&gas, mining, rare earths, defense, aviation, infrastructure, manufacturing, electrical vehicles, big-tech, finance and politics of business

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

Germany, France, Spain to Move Ahead with €100 Billion Fighter Jet Project

Germany, France and Spain agreed to go ahead with the next phase of the FCAS fighter jet programme. The project is the largest defense initiative in Europe with an estimated cost of more than €100 billion. German defense ministry said in a statement that an industrial agreement was reached after intense negotiations. The ministry said it was agreed at the highest government level that a cooperative approach on an equal footing would be pursued in the project, which is currently under overall French responsibility.

China’s BYD Eyes Lithium Supply Chain in Chile

Chinese electric vehicle (EV) maker BYD is looking to venture in lithium business in Latin America and Africa after prices of the battery metal surged to historic highs. The company is in talks in Chile to invest in a mining project and is also applying for permits to process the raw material to make cathode for batteries. While BYD is also looking for lithium projects in Africa, it has found some infrastructure shortfall there. 

Critical Minerals, Ukraine, China in Focus During von der Leyen’s North America Trip

European Commission President von der Leyen has started her trip to North America as Brussels is preparing new legislation to secure raw material supplies and the future of its green technology industries. Von der Leyen is first visiting Canadian Prime Minister Trudeau, and after that she will meet Biden on Friday. As the EU is scrambling to end reliance on Russian fossil fuels and ramp up production of homegrown renewables, it will require more access to critical minerals, and that is where Washington and Ottawa come in. 

Stay informed

error: This content is protected !!