Japan Committed to Coal Phase-Out

Japan has confirmed its commitment to phase out coal-fired electricity generation as much as possible and to phase out inefficient plants towards 2030.

• Japan’s Economy, Trade and Industry Minister Koichi Hagiuda told a news conference today - “We will steadily fade out inefficient coal-fired power plants towards 2030 and advance our efforts to replace them with decarbonized thermal power by utilizing hydrogen, ammonia and carbon capture utilization and storage toward 2050,”
• In relation to Japanese gas supplies, Hagiuda said, “In order to secure a stable energy supply and reduce reliance on Russian gas, we will diversify our supply sources by investing in liquefied natural gas and promoting investment of upstream development outside of Russia.”